RATE Group | Dragons’ Den stars used in fake ads to dupe investors into dubious Bitcoin platforms
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Dragons’ Den stars used in fake ads to dupe investors into dubious Bitcoin platforms

06 Jun Dragons’ Den stars used in fake ads to dupe investors into dubious Bitcoin platforms

Posted at 08:46h in Bitcoin News by

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Bitcoin trading platforms are luring customers by falsely claiming to be backed by the stars of the BBC’s Dragons’ Den. 

The tactic is being used by a number of websites that also make dubious promises about the likelihood of multimillion dollar returns on relatively small investments.

Bitcoin Trader, which claims to offer automatic trading in cryptocurrencies, both say a “typical” user can make $13,000 (£9,700) a day – almost $5m a year. Bitcoin Trader says its users usually work for around 20 minutes a day.

Experts believe that few users would make money using this platform. The Financial Conduct Authority (FCA) has warned that these companies are unregulated. 

Fake news articles that were reportedly…

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