This article was originally published here.
On January 10th, the Malta Independent and Malta Today reported on an investment scheme called “Bitcoin Revolution.” According to reports, two local TV show hosts and an actor were reportedly involved in this situation. However, the three individuals have since come forward and denied said involvement.
The original false endorsement was listed on Major News, showing Wayne Sammut and Elaine Degiorgio, the hosts of One Breakfast. Along with the hosts, Major News falsely claimed that they had Davide Tucci as a guest on their show.
The report went even further, saying that the Maltese TV actor had used his on-air time to successfully convince Degiorgio to make a deposit of 250 euros to Bitcoin Revolution. They suggested that Tucci had been able to get himself out of bankruptcy. Major News reported that the investment from Degiorgio had increased to 483.18 euro “within three minutes” on the “show.”
The fake report offers multiple details on the way to use Bitcoin Revolution, promoting how to sign up.
Tucci wasted no time responding, offering a video message on his official Facebook profile. He adamantly stated that he had never been involved with any activity that involved Bitcoin or cryptocurrency as a whole, saying that the reports that suggested so were nothing more than a scam.
He stated, “This is clearly a scam and click-bait. Please don’t buy into this.”
To further his plea against the scam, Tucci has reported this situation to the Cybercrime unit of the Malta Police Force.
The One Breakfasts hosts spoke with the Malta Independent, saying that Tucci has never been a guest. Furthermore, they denied claims that any investment has ever been made on their show at all, notifying the police as well.
Newsbook, another local news outlet, requested information from the Malta Financial Services Authority (MFSA) to state if Bitcoin Revolution was actually legal. In response, the authority noted that there has not been any authorization from the government for an operation under this name. Furthermore, the MFSA has decided to conduct an investigation on the matter as well.