Norway’s $100 Mln Investment in Bitcoin Turned Out to Be Fake News

Alex Dovbnya
On Oct. 14, a story about the Norwegian Ministry of Finance investing a staggering $100 mln in a Blockchain project prompted a heated discussing on Facebook
Norway’s $100 Mln Investment in Bitcoin Turned Out to Be Fake News
Cover image via U.Today

On Oct. 14, a story about the Norwegian Ministry of Finance investing a staggering $100 mln in a Blockchain project prompted a heated discussing on Facebook. However, a local media outlet points out that the news screams fake.  

screams fake

Factisk.no reveals that the interview with the Ministry of Finance Siv Jensen never happened, and he has no intentions to put money into the new project dubbed “Bitcoin Revolution”. In order to give the story more credibility, they published what appears like a legit CNN article, but Jensen was never approached by CNN to discuss Norway’s investment in Bitcoin. The domain bougispace.com is located on an IP address registered in Malaysia. They conclude that this scam was apparently designed in order to lure in gullible investors.

Earlier, U.Today reported about the same shame website targeting the New Zealand Prime Minister Jacinda Ardern.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.