An alleged fake news website released a crypto-related article using the image of former New Zealand prime minister John Key; local media outlet Stuff reported January. 5.

The ad reportedly promoted Bitcoin (BTC) and a corporation referred to as “Crypto Revolt,” that is allegedly a cloned scam website. The article additional explains that the ad imitates a Stuff business news page and “purports to interview John Key on his enthusiasm for Bitcoin.”

Moreover, in place of the stuff logo there's an “NZ Times” logo, and all the links reportedly result in Crypto Revolt’s website. The source that encountered the ad instructed that the online address was suspicious which the corporate itself could have been hacked.

As Top Market Group reported in Dec 2017, Key had then denied rumors circulating that he invested with in Bitcoin. The claim that Keys was a Bitcoin investor reportedly originally came from another fake news website, the link to that propagated through social media.

New Zealand’s police conjointly warned of on-line scams in Sept when a cryptocurrency investor lost $213,000 because of fraud. In Nov, New Zealand’s financial Markets Authority (FMA) conjointly added 3 cryptocurrency-related websites to its blacklist of on-line scams, and another 3 were added to the list in Dec.

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