Warren Buffett’s Berkshire Hathaway issued a statement A warning that a cryptocurrency exchange website uses the name. The company stressed that the cryptocurrency company has nothing to do with Berkshire Hathaway or its chairman and CEO Warren E. Buffett.
Berkshire Hathaway warns against cryptocurrency website
Berkshire Hathaway warns Friday that cryptocurrency exchange website uses its name did. “This afternoon we became aware of an entity using the name Berkshire Hathaway,” the company said, furthering. and CEO Warren E. Buffett.
The cryptocurrency website in question is he berkshirehathawaytx.com. Its landing page indicates that the company is a Bitcoin exchange. “Berkshire Hathaway is a Texas-based company founded to provide investors with the opportunity to earn a fully passive income from their investments in cryptocurrency mining,” says the website’s front page. Details are stated.
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Continuous daily profit.
Berkshire Hathaway CEO Warren Buffett and Vice Chairman Charlie Munger are skeptical of Bitcoin and cryptocurrencies. Buffett has previously said that cryptocurrencies are “squared rat poison.”
Munger called Bitcoin “rat poison” and “against the interests of civilization.” He even compared BTC to a venereal disease. In July, he recommended avoiding bitcoin as if it were “an open sewer full of malevolent creatures.” Additionally, Berkshire Hathaway executives said the government should ban cryptocurrencies. I think so.
Typical Fraudulent Websites
Berkshire Hathaway’s cryptocurrency exchange website, as well as several schemes, are fraudulent. Bitcoin.com News has previously warned about Bitcoin Revolution, Bitcoin Superstar, Bitcoin Era, Bitcoin Loophole and more.
For example, the platform has an initial cost. The site lists seven investment plans ranging from $1,000 to $70,000. Each plan claims that users can invest and earn up to a certain amount.The plan also guarantees that users will “continuously earn profits every day.” The website further shows a list of users who are believed to have made a ton of money using the system.
The contact address listed on the website belongs to a single family home. and no phone number is provided. Contact email Warren uses his Buffett’s Berkshire Hathaway web address.
This site is “regulated by several financial authorities, including the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the US Treasury Department’s Financial Crimes Enforcement Agency. ” is also claimed. Network (FinCEN). However, Berkshire’s crypto website is not on any of the regulatory approved lists above.
Many regulators around the world warn that fraudsters often falsely claim to be registered. However, funds uploaded to one of these websites are unlikely to appear again.
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