Multi-millionaire Dick Smith threatens to sue The Guardian over Bitcoin scam ads
The legal team behind the case called it a “prolific cryptocurrency scam.” Electronics entrepreneur Dick Smith — who is a household name in Australia — has threatened a lawsuit against a major media outlet after it hosted ads that linked to fake articles suggesting Smith is promoting a fake Bitcoin and crypto investment scheme.According to an Oct. 8 report from The Australian, the legal team for millionaire Dick Smith is threatening defamation proceedings against The Guardian Australia after discovering the advertisements. The ads themselves do not feature cryptocurrency directly, however....
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More countries are allegedly involved in a major global Bitcoin ad scam. A major Bitcoin (BTC) ad scam involving unauthorised images of Australian celebrities who seemingly promoted fake investment schemes is allegedly coming from Russia, according to a new report.Fraudulent Bitcoin ads capitalizing on Australian celebrities like Dick Smith and Andrew Forrest are part of an organized global business that uses at least five addresses in Moscow, an investigation by The Guardian asserts.On Dec. 13, The Guardian published a report providing more details about a major Bitcoin ad scam that has....
Who wants to be a millionaire? That could possibly lead to a cheerful chorus of “me” almost anywhere. The only other question that might get a similar response is “who want’s ice cream?” The stories of rags to riches are inspirational stuff. When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins....
The ACCC highlighted unapproved or endorsed “scam” ads featuring prominent Australian figures such as entrepreneur Dick Smith, TV host David Koch and former NSW premier Mike Baird in particular. The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that the firm and its Irish branch engaged in “false, misleading or deceptive conduct” by publishing scam celebrity crypto ads.Some users have lost hundreds of thousands of dollars to the sophisticated and long running scams tied to the ad.The spotlight on Meta....
The dogecoin millionaire who invested all his savings in the meme cryptocurrency early this year says he is now going “all in” on cardano, calling it the “next best bet.” He is bullish on both cryptocurrencies. Dogecoin Millionaire Thinks Cardano Is the ‘Next Best Bet’ Glauber Contessoto, the 33-year-old dogecoin millionaire, told CNBC in an interview published Thursday that he is planning to go “all in” on cardano (ADA). Contessoto invested all his savings in the meme cryptocurrency dogecoin in February. After its price soared, he....
Dogecoin millionaire Glauber Contessoto first came into the spotlight after he posted his Dogecoin portfolio on Reddit. When the Doge rally was nearing its peak, Contessoto had posted to the Dogecoin subreddit, which earned him the title of the Dogecoin millionaire. Although what kept Contessoto in the spotlight had not been his millionaire status. It […]