Michelle O’Leary, CEO of the low-cost airline Ryanair, has seen a very declining trend in Bitcoin (BTC).
Speaking to The Times recently, O’Leary compared Bitcoin to the Ponzi program and advised investors to avoid:
“I never invested and I will never invest a dime in Bitcoin, which I think is the Ponzi scheme. […] I would strongly advise anyone with common sense to ignore this false story and avoid Bitcoin like the plague. ”
O’Leary was referring to a downright crypto scam, “Bitcoin Lifestyle”, which she claimed had got his approval in an advertising campaign.
A fake article on a fake news agency alleged that in an interview with The Late Late Show, O’Leary shocked the audience and presenter Ryan Tubridy by showing how much money he made from the Bitcoin program that advertises itself as an automated trading system.
According to the scam campaign, the advertising ploy was enough to induce National Ireland Bank to phone the show to prevent the video from being broadcast.
One problem is that the National Bank of Ireland does not exist.
Using the image of the rich and famous to promote cryptocurrency scams is a very popular way of gaining credibility with potential “investors”. In early April, Bitcoin trading fraud allegedly implicated the Duke and Duchess of Sussex, Prince Harry Charles Albert David and Meghan Markle.
In March, Janet Jackson’s former billionaire husband Wissam Al-Manea asked Facebook to disclose who paid for ads showing their image while promoting a cryptocurrency scam.