Was Phillip Schofield’s endorsement of Bitcoin Trader faked?

The last couple of weeks have seen several prominent business people and celebrities face tough criticism for allegedly misleading their loyal fans into fake Bitcoin investment schemes. If you haven’t heard it just yet, rumour has it that various celebrities have been investing in and endorsing automated Bitcoin trading platforms including Bitcoin Revolution, Bitcoin Loophole, Bitcoin Trader, and several others.

But the celebrities have been refuting the claims one after another, terming the rumours as fake news created by greedy individuals and companies out to scam investors.

Today, we’re here to report on our findings regarding an alleged endorsement of Bitcoin Trader by TV star, Phillip Schofield.

Without further ado, let’s jump right in!

Who is Phillip Schofield?

Schofield is a celebrated media professional with close to forty years of experience working on various media houses including BBC and ITV and was born in 1967 in Oldham, UK.

The TV star’s first appearance on our screens dates back to the 80s when he worked with BBC on part-time until 1993 when he joined as a full-time co-host of a few shows.

Today, the outspoken Schofield co-presents two shows namely This Morning and Dancing on Ice alongside TV queen Holly Willoughby.

He is estimated to be worth about £8 million. It is not clear whether he holds any bitcoin investments.

About Bitcoin Trader

Created in 2017 by Gary Roberts, Bitcoin Trader is an automated Bitcoin trading tool that claims to trade, buy, and sell crypto on behalf of investors. The website apparently uses its bot to engage in profitable trades for its users, affording them a tidy profit from the Bitcoin market.

Like a few of its rivals, Bitcoin Trader is reportedly one of the fastest of its kind, claiming to be 0.01 faster than its several competitors. 

Getting started on Bitcoin Trader seems pretty straightforward. You only need to sign up, verify your identity, deposit a minimum of £250, initially trade using your demo account and once confident enough, engage in live trades.

Has Phillip Schofield endorsed Bitcoin Trader?

From what we gathered, we can confidently say media star Phillip Schofield never endorsed or invested in the platform. In fact, he came out to personally condemn rumours of his association with any Bitcoin trading robot, dismissing it as fake news.

Why is the scam is all over the media

There’s no doubt that celebrity stories sell, but what sells even faster is a celebrity scandal. And since most people know that too well, they’ll do anything to put up a “hot” celebrity gossip out there, credible or not.

In Schofield’s case, we traced most of the endorsement rumours to suspicious sites known for gossip and fake news to garner clicks for commission.

We found out that both Schofield and Bitcoin Trader never personally published information regarding the endorsement claims. However, UK watchdog FCA is still investigating the whole matter and will soon publish its official findings.

Should you trust Bitcoin Trader?

In investment, trust is a big word and we wouldn’t just throw it around without much consideration.

After all that has been said about Bitcoin Trader, we would be fools to ignore everything and simply give it a clean bill of health. We, therefore, went ahead to thoroughly review all aspects of the platform as can be viewed right here, to enable you to understand how the tool operates and whether it is worth your trust.

Be sure to carefully read the review before investing in Bitcoin Trader.