Invezz

Was Bitcoin Revolution endorsed by Virgin CEO Richard Branson?

Was Bitcoin Revolution endorsed by Virgin CEO Richard Branson?
James Knight
Mar 16, 2020, 07:03 AM

If you’re an internet addict like us, chances are you’ve come across a story or two bearing a celebrity’s name, famous TV show, or a prominent business personality, claiming they had invested in this or that Bitcoin trading tool.

We’ve been investigating the stories to try and establish the truth about the endorsement allegations, debunking theories while carefully exposing con artists out to dupe others.

Jump in as we embark on a journey to unveiling the truth about whether or not Sir Richard Branson endorsed Bitcoin platform, Bitcoin Revolution.

What we know about Richard Branson

Sir Richard Nelson Branson is not new to many. If you don’t know him for his many road trip adventures and business talks, then you’ve probably heard about his writing work or his involvement in charities. But away from what you may or may not have heard, here’s a brief bio of the business magnate.

Sir Branson was born in a city in the UK called Blackheath in 1950. From a very young age, he expressed interest in business, starting one of the most successful magazine ventures in the UK at that time. He would later launch a megastore for selling records, and as they say, the rest is history.

Today, the author, investor and business mogul runs a group of companies spanning over 400, under the Virgin Group. He is said to be about 2.86 billion GBP.

About Bitcoin Revolution

Bitcoin Revolution is a popular name when it comes to Bitcoin trading. Whether it comes to automated crypto trading, high accuracy claims, or massive Bitcoin profitability, you’re likely to run into this name.

So who do they say they are?

The platform claims to be a trading robot that helps investors to automatically enter and exit trades strategically to amass profits from Bitcoin’s daily movements. Bitcoin Revolution markets itself as an exclusive group for investors looking to enjoy Bitcoin returns with only “minimal” participation of the investors each day.

The platform’s trading bot is said to be among the best when it comes to accuracy levels, claiming to achieve more than 99.4% success on entered trades.

Has Richard Branson embraced Bitcoin Revolution?

Those who follow Sir Branson probably know too well how much of a Bitcoin critic he is. He’s been quoted on several occasions calling cryptos “get-rich-quick” schemes that are bound to fail.

So on whether or not he invested or endorsed Bitcoin Revolution, he certainly did not as he has never shown interest in cryptocurrency investments. He strongly condemned the platforms using his brand to market their products while promising to institute legal against them.

Why is the story all over?

There’s no doubt that celebrity stories sell. And internet marketers know that too well. We managed to trace the adverts and publications involving the endorsement rumours and established that gossip and fake news sites had been at the centre of the schemes, with an intention to lure investors into signing up on those platforms for commissions.

From our research, Branson did not publish the alleged endorsement, meaning other people with ulterior motives must have started the rumour.

Should you trust Bitcoin Revolution?

Trust plays a big role when it comes to investing. The burden of trust usually lies with the investee and as such, Bitcoin Revolution owes its current and potential investors a duty of care when it comes to securing their placements. 

That notwithstanding, we managed to dig into the platform’s reputation to establish its trust levels, and reported our findings in an in-depth review of the trader. Here is a link to the review, be sure to carefully read it before making any decisions.