Dragons' Den Bitcoin Code: Did They Invest?

did dragons den invest in bitcoin code

There have been several rumours and reports in mainstream media about the investors on Dragons' Den, the British television programme, and their connection with Bitcoin and other cryptocurrencies. However, these rumours are not true. Dragons' Den has not supported Bitcoin trading platforms, nor has it ever featured Bitcoin or Bitcoin trading technology on any of its episodes.

Websites and social media articles have falsely claimed that Dragons' Den investors such as Deborah Meaden and Peter Jones have invested in Bitcoin platforms like Bitcoin Trader, Bitcoin Loophole, and Bitcoin Revolution. These claims are fraudulent and have been refuted by the investors themselves.

While the Bitcoin trading platforms mentioned are legitimate, they are not endorsed by or associated with Dragons' Den or any of its investors.

Characteristics Values
Date of scam 2018
Location of scam UK and Ireland
People impersonated Deborah Meaden, Peter Jones, Gavin Duffy, Eleanor McEvoy, Eamonn Quinn
Fake endorsements Bitcoin Trader, Bitcoin Revolution, Bitcoin Loophole, Bitcoin Code, Bitcoin Profit, Bitcoin Digital, Bitcoin Era, Bitcoin Equaliser, Bitcoin System
Minimum investment £250

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Dragons' Den stars used to promote Bitcoin scam

Bitcoin scammers have been using the images and false quotes of stars from the hit TV show Dragons' Den to dupe unsuspecting investors into parting with their money. The scam purports to offer a new way of trading cryptocurrency for the average person through a platform called Bitcoin Trader.

How the scam works

The scam involves using the faces of famous investment magnates from Dragons' Den to lure people into a get-rich-quick Bitcoin con on websites and social media. Unsuspecting investors make deposits into a trading account set up by the fraudsters and are then given access to convincing-looking trading platforms.

Stars involved

Dragon's Den stars Deborah Meaden and Peter Jones have been quoted as supporting the venture. However, both have stated that they have nothing to do with the scheme. Meaden has taken steps to get the unauthorised material removed and is taking action against the individuals and companies involved.

What to look out for

The scam ads are often placed on social media sites as well as other websites. They use the stars' images to promote the fraudulent investments. Clicking on the advert takes you to the fraudster's website where the pictures are used again, along with fake quotes recommending that you invest in the scheme. You might also be asked to input your contact details, which the fraudster will then use to try and persuade you to invest.

How to protect yourself

Meaden has advised people to "carry out checks before parting with cash online" and to remember that "if it looks too good to be true then it probably is". A quick Google search will often reveal whether or not something is a scam.

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Bitcoin Trader: A scam or a legitimate platform?

Bitcoin Trader is a scam.

Bitcoin Trader is a fraudulent cryptocurrency trading platform that has been reported by several news outlets. The platform claims to provide an automatic service to trade various cryptocurrencies and has also falsely claimed endorsements from celebrities and investors.

Several victims have reported being lured into signing up for the platform and then pressured by sales representatives to invest as much money as possible. When attempting to withdraw their funds, victims are either unable to do so or are asked to pay additional fees.

It is important to note that cryptocurrency scams are common and can take many forms. These scams often aim to gain private information or trick individuals into sending cryptocurrency to a compromised digital wallet. It is crucial to thoroughly research any cryptocurrency platform before investing and to be wary of promises of guaranteed returns or celebrity endorsements.

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False Bitcoin claims by Deborah Meaden

There are several false claims circulating on websites and social media that attribute false statements to Deborah Meaden, a star of the TV show Dragon's Den. These claims state that Meaden has endorsed or invested in various bitcoin trading platforms, including Bitcoin Trader. Meaden has refuted these claims on her official website and Twitter account, stating that she has not made any such investments or endorsements. She has also taken steps to remove the unauthorised use of her name and image and is taking legal action against the individuals and companies involved in the scam.

One such scam claims that Meaden announced on ITV's This Morning that she made £11.5 million using a bitcoin scheme. It also falsely states that during the live interview, co-host Holly Willoughby was given £190 to invest in the system, and a photograph shows her reacting with surprise as she made a profit. In reality, the image depicts Willoughby reacting to a viewer's tale of "revenge on a cheating boyfriend". The image of Meaden was also taken from an episode of Dragon's Den and has been used without authorisation.

Another scam claims that Meaden invested £250 on Bitcoin Trader during an episode of Dragon's Den and turned it into £350 in just eight minutes. This claim has also been refuted by Meaden and her fellow Dragon's Den star, Peter Jones, who was also falsely claimed to have invested £2 million in the platform. These scams often make outlandish claims about the profitability of their platforms, such as earning £13,000 per day in just 20 minutes of trading.

The Financial Conduct Authority (FCA) in the UK has warned the public that these companies are unregulated, and Action Fraud, the UK's national reporting centre for fraud, has advised people not to assume that websites using the names of well-known individuals are authentic.

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Bitcoin Revolution: A scam or a legitimate platform?

Bitcoin Revolution: Scam or Legitimate Platform?

Bitcoin Revolution is an automated trading software that has gained significant attention in the cryptocurrency market. The platform employs advanced technology and artificial intelligence to execute trades on behalf of its users, aiming to provide a seamless and profitable trading experience. But is it a legitimate platform, or just another scam?

Bitcoin Revolution utilizes mathematical algorithms and artificial intelligence to analyze the cryptocurrency market and execute trades. The software operates 24/7, making informed trading strategies and executing trades based on market data. It offers a user-friendly interface, a wide range of assets, and multiple ways to trade, catering to both beginners and experienced traders.

Key Features of Bitcoin Revolution

  • User-Friendly Interface: The platform features an intuitive and easy-to-navigate interface, making it accessible to users of all experience levels.
  • High Success Rate: Bitcoin Revolution boasts a success rate of 85% or higher, making it a potentially profitable option for traders.
  • Secure and Regulated: Bitcoin Revolution prioritizes security with measures such as SSL encryption and partnerships with licensed brokers to protect user information and ensure legal compliance.
  • Demo Trading: The platform offers a demo trading feature, allowing users to practice trading in a risk-free environment before investing real money.
  • Customer Support: Bitcoin Revolution provides 24/7 customer support through various channels, including email and live chat, to promptly address user queries and concerns.

While there are some concerns about the platform, such as misleading marketing techniques and false celebrity endorsements, it does not appear to be a scam. The platform has received largely positive reviews from users, praising its user-friendliness, educational resources, and reliable customer support. Additionally, the platform's partnership with licensed brokers and implementation of security measures add to its credibility.

However, it's important to approach any investment platform with caution. Conduct thorough research, start with small investments, and use demo accounts to test the platform before committing significant funds.

In conclusion, Bitcoin Revolution appears to be a legitimate and reliable automated trading software. While there are some red flags, the platform has shown potential for generating profitable trades. Users should exercise caution and conduct their due diligence before investing, as with any trading platform.

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Bitcoin Loophole: A scam or a legitimate platform?

Bitcoin Loophole is a platform that connects users with reputable crypto trading brokers. It provides access to auto-trading platforms, automation robots, and a platform that monitors the values of Bitcoin and other currencies based on market changes and in-depth data. The platform is available in any country where Bitcoin and other cryptocurrencies can be legally traded for profit.

The Bitcoin Loophole app is designed to be user-friendly and easy to navigate, with a simple interface that doesn't take long to set up and use. It also offers ongoing support and the possibility to sign up via a mobile device.

There are no hidden fees associated with using the Bitcoin Loophole service. The website is SSL protected, ensuring that user data is kept safe and secure.

However, it's important to note that the crypto market is volatile, and beginners often lose money. Thus, it is recommended to never invest more than you can afford to lose and to have another source of income before getting started.

While Bitcoin Loophole itself may not be a scam, there have been reports of scam websites using the names and images of Dragons' Den investors to promote Bitcoin trading platforms fraudulently. These scam platforms make outlandish claims about their profitability and often use fake testimonials to lure naive investors into parting with their cash. Therefore, it is essential to exercise caution and conduct thorough research before investing in any Bitcoin trading platform.

In conclusion, while Bitcoin Loophole appears to be a legitimate platform that provides users with access to reputable brokers and advanced trading tools, it is always important to remember that investing in cryptocurrencies carries inherent risks. Users should do their due diligence, only invest what they can afford to lose, and be wary of scam platforms that use celebrity endorsements to promote their services.

Frequently asked questions

No, Dragons' Den has not invested in Bitcoin Code.

Dragons' Den is a British television show where entrepreneurs pitch their business ideas to a panel of wealthy investors.

Bitcoin Code is a website that claims to be an automated cryptocurrency trading platform.

Yes, Bitcoin Code is a scam. It is not a legitimate investment opportunity and has been used to dupe people out of their money.

No, none of the Dragons' Den investors have endorsed Bitcoin or any other cryptocurrencies. Any claims or advertisements suggesting otherwise are false and should be avoided.

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