Perhaps the ad was using one of the Google redirect tricks? There’s a few google.com endpoints (if I recall) that you can abuse to redirect to arbitrary URLs.
You can spoof any domain you want in Bing Ads without needing an open redirect.
Is that a bug or a feature? It seems like the kind of thing that could erode user trust
So both ad services allow the advertiser to display one URL while directing users to another.
Though that was 2017, and Google might've improved their protections since then.