JAKARTA - Berkshire Hathaway Inc, which is run by billionaire Warren Buffett, on Friday, November 18 warned investors that it has no affiliation with cryptocurrency brokerage sites claiming to use the name Berkshire Hathaway.
The website describes its operator as a Texas-based broker founded in 2020 to provide investors "the opportunity to achieve a fully passive income from investing in cryptocurrency mining."
The statement included testimonies from purported customers and said approved brokers in the United States, United Kingdom, Cyprus, and South Africa, had used the wrong names for two regulators. The email format is also different from Buffett's company.
Buffett has long been skeptical of cryptocurrencies, and in 2018 called bitcoin "rat poison squared."
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In a statement, Buffett's company said it became aware of the website berkshirehathawaytx.com on Friday afternoon.
"The entity that owns this web address has no affiliation with Berkshire Hathaway Inc or its Chairman and CEO, Warren E. Buffett," Berkshire said in a statement.
The website operator did not immediately respond to requests for comment from the media about his relationship with Buffett. Buffett himself has run Berkshire Hathaway Inc since 1965.
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