{"id":41988,"date":"2020-12-17T09:03:05","date_gmt":"2020-12-17T08:03:05","guid":{"rendered":"https:\/\/www.coinpro.ch\/uncategorized\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\/"},"modified":"2026-03-26T12:31:29","modified_gmt":"2026-03-26T11:31:29","slug":"the-guardian-uncovers-international-bitcoin-fraud-involving-ads","status":"publish","type":"post","link":"https:\/\/www.coinpro.ch\/en\/news-en\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\/","title":{"rendered":"The Guardian uncovers international Bitcoin fraud involving ads"},"content":{"rendered":"<p>An international <a href=\"https:\/\/www.coinpro.ch\/en\/knowledge\/crypto-scam-the-most-well-known-methods-at-a-glance\/\">Bitcoin scam<\/a> was uncovered by the British newspaper &#8220;<em>The Guardian<\/em>&#8220;. The multi-million dollar Bitcoin fraud was carried out using unauthorized celebrity photos and primarily targeted victims in Australia. Victims were &#8220;lured&#8221; in with fake photos of Australian celebrities.<\/p>\n<h2><strong>Fraudulent crypto investment schemes promoted<\/strong><\/h2>\n<p>Unauthorized photos of well-known celebrities were used to advertise a fake investment scheme. For example, in Australia\u2014the most affected country\u2014photos of Dick Smith or Andrew Forrest were misused.<\/p>\n<p>After victims clicked on such an ad, they were taken to a link for a supposed cryptocurrency investment program. After registering, victims were initially asked over the phone to make a small <a href=\"https:\/\/www.coinpro.ch\/en\/buy-trade-bitcoin\/\">investment<\/a>. The amount increased with every call, leading some victims to lose their entire savings.<\/p>\n<script type=\"text\/plain\" data-tcf=\"waiting-for-consent\" data-id=\"20572\" data-bid=\"1\" data-placement=\"33872\">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<\/script><h2><strong>Bitcoin fraud: The trail leads to Moscow and Ukraine<\/strong><\/h2>\n<p>According to the <a href=\"https:\/\/www.theguardian.com\/technology\/2020\/dec\/14\/scam-bitcoin-ads-using-unauthorised-celebrity-images-fool-tens-of-thousands-of-australians\">report<\/a> by <em>The Guardian<\/em>\u2014the news portal that accidentally ran some of these ads itself\u2014the trail of the major Bitcoin ad fraud leads to the center of Moscow. Hundreds of fake websites have been linked to the scam. Two of the email addresses were linked to Gmail accounts, prompting Google to launch an investigation.<\/p>\n<p>The <em>Organized Crime and Corruption Reporting Project<\/em> (OCCRP) also discovered a connection to Ukraine. A call center in Kyiv with about 200 employees operated a similar system, primarily targeting victims in the UK, New Zealand, and Australia. Fake news articles featuring celebrities like Gordon Ramsay or Hugh Jackman were used.<\/p>\n<h2><strong>Bitcoin ads widely distributed<\/strong><\/h2>\n<p>Since various Bitcoin ad scams have been running on news websites for years, fraudulent ads have become widespread. During the COVID-19 pandemic, there was also a significant increase in clicks on these ads as many people stayed home and spent more time online. The scale of distribution is now so high that Facebook and Google can barely keep up with deleting such ads.<\/p>\n<p>More <a href=\"https:\/\/www.coinpro.ch\/en\/news-en\/\">Bitcoin News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An international Bitcoin scam was uncovered by the British newspaper &#8220;The Guardian&#8220;. The multi-million dollar Bitcoin fraud was carried out using unauthorized celebrity photos and primarily targeted victims in Australia. Victims were &#8220;lured&#8221; in with fake photos of Australian celebrities. Fraudulent crypto investment schemes promoted Unauthorized photos of well-known celebrities were used to advertise a&#8230;<\/p>\n","protected":false},"author":12,"featured_media":35471,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17325],"tags":[17387,17644],"class_list":["post-41988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-bitcoin-en","tag-news-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Guardian uncovers Bitcoin fraud involving ads - CoinPro.ch<\/title>\n<meta name=\"description\" content=\"The British newspaper &quot;The Guardian&quot; has uncovered Bitcoin fraud using unauthorized celebrity photos. 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The trail leads to Eastern Europe.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.coinpro.ch\/en\/news-en\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinPro.ch\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinpro.ch\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-17T08:03:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-26T11:31:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2020\/12\/Bitcoinbetrug-guardian-scam-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vahidin Cerim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CoinproCH\" \/>\n<meta name=\"twitter:site\" content=\"@CoinproCH\" \/>\n<meta name=\"twitter:label1\" content=\"Verfasst von\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vahidin Cerim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Gesch\u00e4tzte Lesezeit\" \/>\n\t<meta name=\"twitter:data2\" content=\"2\u00a0Minuten\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\\\/\"},\"author\":{\"name\":\"Vahidin Cerim\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#\\\/schema\\\/person\\\/427e0daf6bf14aad0800300afaccff2f\"},\"headline\":\"The Guardian uncovers international Bitcoin fraud involving ads\",\"datePublished\":\"2020-12-17T08:03:05+00:00\",\"dateModified\":\"2026-03-26T11:31:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\\\/\"},\"wordCount\":316,\"publisher\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/Bitcoinbetrug-guardian-scam-scaled.jpg\",\"keywords\":[\"Bitcoin\",\"News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"de\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\\\/\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\\\/\",\"name\":\"The Guardian uncovers Bitcoin fraud involving ads - CoinPro.ch\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/the-guardian-uncovers-international-bitcoin-fraud-involving-ads\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/Bitcoinbetrug-guardian-scam-scaled.jpg\",\"datePublished\":\"2020-12-17T08:03:05+00:00\",\"dateModified\":\"2026-03-26T11:31:29+00:00\",\"description\":\"The British newspaper \\\\\\\"The Guardian\\\\\\\" has uncovered Bitcoin fraud using unauthorized celebrity photos. 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