What’s Going On?
New Zealand Prime Minister Jacinda Ardern’s image has been highjacked to promote a cryptocurrency scam.
Why Does It Matter?
The ads were targeted specifically at Kiwis and directed readers to a website designed to look like CNN, reported Stuff New Zealand. Readers arriving at the site found a fake news story about the New Zealand Treasury investing half of its wealth in a Bitcoin startup.
What Action Was Taken?
After Stuff reported the posts to Ardern’s office the PM’s team filed a complaint to Facebook, which then took down the sponsored content, reported CoinDesk. And this is not the first time that fake news sites have associated the image of Ardern with cryptocurrency promotions – a spokeswoman for the PM’s office told CoinDesk the number of fake ads has become too large for them to track.
The news comes a day after a fake Elon Musk Twitter account sent thousands of unsuspecting people to a cryptocurrency airdrop scam. BitcoinExchangeGuide reported the tweet has since been deleted, but it prompted users to “sеnd frоm 0.2 to 5 BTC tо the address bеlow and gеt frоm 1 to 100 ВTC back!”