Biticodes Scam Alert : Fake Celebrity Endorsements!

BitiCodes Scam Alert : Fake Celebrity Endorsements!

You may have seen celebrities endorsements of BitiCodes or Biti Codes circulating on Facebook and Instagram, but they are all FAKE.

Find out why there are so many fake celebrity endorsements of Biticodes / Biti Codes, and how they are doing it!

 

BitiCodes / Biti Codes : Fake Celebrity Endorsements

BitiCodes or Biti Codes claims to be “the crypto industry’s most accurate AI auto-trading app“, which “works by automatically placing trades… using trading bots to strengthen your chances of making a profitable trade.”

If you never heard of it, you won’t be alone, because it’s mainly promoted via advertisements on Facebook, Instagram, etc. They are also promoting it through Google Ads like these examples, which will often appear in completely legitimate websites.

Clicking on those advertisements will lead to legitimate-looking articles from local or crypto publications, often with a celebrity endorsing Biticodes / Biti Codes.

Here in Malaysia, people will see Biticodes being endorsed by the likes of local politicians like Lim Guan Eng or Dr. Mahathir. But those in the cybersecurity industry will quickly realise that these articles are familiar because they are almost exact copies of scam articles used in the previous Bitcoin Revolution scam.

Looking for reviews of Biticodes or Biti Codes is pointless, because they appeared to have paid for advertorials in legitimate media outlets, which are (intentionally?) wrongly listed as “reviews”. Only at the very bottom do they include a disclaimer that it was a sponsored post.

Outlook India

Biticodes Reviews : Today we’ll be talking about one platform called Biticodes that you can use to make an extra source of income. It’s safe, and you do not need to worry about anything. It may help you earn good money in very less time.

Disclaimer : This is sponsored review content posted by us. All the information about the product is taken from the official website (and not fact-checked by us). Contact customer care phone number given on product’s official website for order cancellation, return, refund, payment, delivery etc. related issues. Must consult any financial specialist before investing in BitiCodes Auto-Trading Software.

Tribune India

Biticodes is real or scam review 2022 : With an astonishing success rate of 90%, BitiCodes has what it takes to be your go-to platform for cryptocurrency trading. It can execute multiple deals per second – a rate that even the most experienced cryptocurrency traders would be hard-pressed to match.

Disclaimer : The views and opinions expressed in the above article are independent professional judgment of the experts and The Tribune does not take any responsibility, in any manner whatsoever, for the accuracy of their views. Biticodes are solely liable for the correctness, reliability of the content and/or compliance of applicable laws. The above is non-editorial content and The Tribune does not vouch, endorse or guarantee any of the above content, nor is it responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified.

In other words, those are NOT legitimate reviews, and the media outlets did not even test Biticodes / Biti Codes. Their disclaimers show that their “reviews” were paid content, written by Biticodes / Biticodes.

 

Avast Explains How BitiCodes Scam Works

In an August 2022 article, the cybersecurity company explained how the BitiCodes (also known as TeslaCoin) scam works:

The scam encourages people to pay to create an account and invest into a fraudulent crypto investment platform. There are two ways the campaign reaches potential victims: Through Facebook ads and email. Ultimately, victims can end up losing at least $250.

At the bottom of the page is a webform requesting site visitors to enter their name, email address, and phone number in order to register for the platform. The victim receives an email from a bot sparking a conversation in the victim’s language.

After a brief example exchange, the bot sends a link to a payment gateway, and asks the victim to transfer $250 in order to activate their trading account. Another scenario involves the bot emailing potential victims with steps to login to a cryptocurrency broker page, and after a few more emails, the bot sends a link to a payment gateway, asking the victim for a $250 initial investment.

I also investigated the articles and the BitiCodes website, and noticed that they are all using highly-suspicious domains and links:

  • celesteal.xyz/biticodes for the BitiCodes website (registered 23 Nov. 2022)
  • thedailypressbriefing.com/my for the BTC-News website (registered 29 Jan. 2023)
  • saveontaxesthisyear.tax for the BTC-News website (registered 6 Feb. 2023)

As you can see, the domains are not only completely unrelated to the article / websites, they are almost brand new! And if you go to their domain root, nothing loads. That is not how legitimate websites function. If you do a WHOIS lookup, you will discover that the owners of these domains are hidden.

Regardless of whether BitiCodes / Biti Codes itself is legitimate, you should avoid any article that do not tally with the official website, or with irrelevant domains.

Don’t fall for the scam. Avoid these BitiCodes / Biti Codes advertisements and fake celebrity endorsements.

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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