Bitcoin Revolution South Africa: Scam Claims Support by President Cyril Ramaphosa | News – Bitcoin News

Bitcoin Revolution South Africa: Scam Claims Support by President Cyril Ramaphosa | News – Bitcoin News

A bitcoin investment scheme called “Bitcoin Revolution South Africa” has been gaining much attention lately. Promoters claim that famous South Africans endorse this platform, including mining billionaire Patrice Motsepe, comedian and actor Trevor Noah, and President Cyril Ramaphosa.Bitcoin Revolution Invades South AfricaThe South African version of the Bitcoin Revolution scheme, simply called “Bitcoin Revolution South…

A bitcoin funding map called “Bitcoin Revolution South Africa” has been gaining mighty consideration currently. Promoters claim that eminent South Africans endorse this platform, including mining billionaire Patrice Motsepe, comic and actor Trevor Noah, and President Cyril Ramaphosa.

Bitcoin Revolution Invades South Africa

The South African model of the Bitcoin Revolution map, merely called “Bitcoin Revolution South Africa,” has currently been carefully promoted, with paid critiques on respected web sites akin to the Associated Press News.

Promoters of this map claim that the platform is counseled by eminent South Africans to lure traders. Celebrities whose names and photos had been musty for this arrangement consist of comic and actor Trevor Noah, President Cyril Ramaphosa, mining billionaire Patrice Motsepe, rugby smartly-known individual Naas Botha, and baby-kisser Pravin Gordhan.

The Bitcoin Revolution South Africa web pages is quite related to the usual Bitcoin Revolution web pages, which has already exposed as a scam. The last phrase key incompatibility is the addition of the phrase “South Africa” to varied texts of the realm. Bitcoin Revolution South Africa advertises “an automatic trading system,” allowing members to maintain fundamental earnings working about 20 minutes a day or much less, its web pages important parts.

Bitcoin Revolution South Africa: Scam Claims Support by President Cyril Ramaphosa
The “Bitcoin Revolution South Africa” web pages.

The head of the web pages displays the message: “Bitcoin Revolution App South Africa Create $1300 in [the] next 24 hours with this secret Patrice Motsepe system along with your exiguous funding at the moment.” Motsepe is the founder and chairman of African Rainbow Minerals, who become a billionaire in 2008.

One other model of the realm displays at the high: “You manufacture $13000 in 24 hours the use of this secret Bitcoin Revolution South Africa system along with your exiguous funding with out complications at the moment.” The arena additionally claims: “Some members earned their first million within right 61 days.” To use the system, however, users must deposit $250 upfront.

Such as Bitcoin Revolution’s web pages, the South African model warns that registration will soon end due to the high quiz. It displays the identical video that functions Microsoft co-founder Invoice Gates, Virgin Community founder Richard Branson, and other eminent of us speaking positively about bitcoin. The obtain pages additionally displays spurious testimonials and spurious live profit results.

A contemporary article functions a spurious tweet claiming to be from South African President Cyril Ramaphosa pointing out that this bitcoin funding map “is exhibiting immense promise and has my plump endorsement as a wealth system,” Mybroadband magazine reported final week.

The magazine contacted Google which displays adverts for the scam. A spokesperson for Google told the magazine that the quest engine broad eradicated 2.7 billion unfriendly adverts in 2019. “On fable of we need the adverts of us survey on Google to be purposeful and related, we take rapid action to stay spurious and unsafe adverts. We possess got a machine the put someone can picture these adverts and these complaints are reviewed by our crew,” the spokesperson become once quoted as announcing.

Right here is now not the principle time scammers possess musty Ramaphosa’s name and photos to promote their spurious schemes. An identical system called “Bitcoin Code” claimed that its system become once Ramaphosa’s gift to South Africans assist in 2018. Ramaphosa tweeted at the time that the narrative become once spurious. “I in actuality possess by no methodology said these words,” he said. has beforehand exposed Bitcoin Code as a scam.

Bitcoin Revolution South Africa: Scam Claims Support by President Cyril Ramaphosa
Promoters of a bitcoin funding map called “Bitcoin Code” claimed that Cyril Ramaphosa counseled its platform as a long way assist as 2018. Ramaphosa said the suggestions become once spurious.

Some regulators worldwide possess warned about Bitcoin Revolution, akin to the Philippine Securities and Alternate Rate, which has persistently issued warnings about this map. The promoters of the South African Bitcoin Revolution map additionally promote related scams, including the South African Bitcoin Code, Bitcoin Millionaires, Bitcoin Loophole, Bitcoin Machine, Bitcoin Future, Bitcoin Storm, Bitcoin System, and Bitcoin Generation.

Furthermore, the Australian Securities & Investment Rate (ASIC) warned about the Bitcoin Revolution scam in July. Per the commission, the map claims endorsement from local celebrities, akin to “Waleed Aly, Mike Baird, Celeste Barber, Andrew ‘Twiggy’ Forrest, David ‘Kochie’ Koch, Michael Rowland, Dick Smith, Karl Stefanovic and Virginia Trioli.” Varied celebrities whose names and photos possess reportedly been musty to promote Bitcoin Revolution consist of actors Kate Winslet and Hugh Jackman, TV personalities Simon Cowell and Jeremy Clarkson, and extinct high minister of Singapore Goh Chok Tong.

What kind you issue Bitcoin Revolution South Africa? Allow us to clutch within the comments allotment under.

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Image Credit: Shutterstock, Pixabay, Wiki Commons, Twitter, Bitcoin Revolution South Africa

Disclaimer: This article is for informational functions simplest. It’s a long way now not a appropriate away provide or solicitation of a proposal to win or promote, or a advice or endorsement of any merchandise, products and companies, or corporations. does now not present funding, tax, criminal, or accounting advice. Neither the firm nor the author is responsible, straight or in the end, for any harm or loss precipitated or speculated to be precipitated by or in connection with the usage of or reliance on any instruct, items or products and companies talked about in this text.

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