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Prime Minister of New Zealand was used as means for a fake news website to Pump newly created Bitcoin Startup

One of fake news websites took advantage of the popularity of Jacinda Ardern, Prime Minister of New Zealand, to pump a BitCoin startup by means of promoting articles on FB. On Friday, a source of local media called Stuff told about a dozen of sponsored posts that have been added to FB. These articles feature […]

By - October 16, 2018
Bitcoin Scam Used New Zealand's Prime Minister

One of fake news websites took advantage of the popularity of Jacinda Ardern, Prime Minister of New Zealand, to pump a BitCoin startup by means of promoting articles on FB.

On Friday, a source of local media called Stuff told about a dozen of sponsored posts that have been added to FB. These articles feature an image of the Prime Minister and have headlines similar to the advertisement of the new investment plan.

Every post was provided with a link to the website with fake news similar to CNN Tech. One of the article was telling that a state Treasury Department is going to buy a company Bitcoin Revolution for $250 million. Moreover, the author of the article calls it the future for a country.

Stuff decided to check this information and sent the following posts to Ardern’s representatives, who turned then to FB with the demand to remove this fake content.

However, it is not the first time when Ardern’s image has been used in promoting cryptocurrency firms. The number of such posts has become to big to track all of them.

In fact, there are many situations when social media is used for promoting fake news among its users.

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