Fake news! Scam site promotes Bitcoin with image of former NZ PM

This echoes other Bitcoin-related ads using fake celebrity endorsements including Prime Minister Jacinda Ardern and TVNZ presenter Hayley Holt

A fake advertisement promoting cryptocurrency has utilised the image of former New Zealand Prime Minister John Key, Stuff reports.

The ad imitates a Stuff business news page and purports to interview Key on his enthusiasm for Bitcoin. Instead of the Stuff logo, the words NZ Times sit at the top of the page and all links lead to a company called Crypto Revolt’s website.

Key’s image was previously used for similar ads on Facebook and Twitter, where he was quoted as saying: “I purchased a mere $1,000 and followed the Bitcoin loophole system, and now seven years later my $1,000 investment is worth $300 million. It’s funny to think how that $1,000 has grown to become my biggest asset.”

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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