Home » today » World » Australian regulator sues Meta for false cryptocurrency advertisements Australian regulator sues Meta for false cryptocurrency advertisements March 18, 2022 by world today news – Meta The Facebook group has problems with the Australian authorities. – (Photo: AP) – – – – Palo Alto The Australian competition authority ACCC has initiated proceedings against Facebook owner Meta. As the authority announced on Friday, the social media company in Australia is said to have made false or misleading advertising for cryptocurrencies. Facebook has published ads featuring prominent Australian figures promoting investments in cryptocurrencies, which the regulator says is fraud. “The allegation is that Meta knew the celebrity-backed cryptocurrency scam advertisements were being displayed on Facebook, but did not take sufficient steps to resolve the issue,” the ACCC said. According to the regulator, Facebook users were redirected to a fake media article that contained quotes from public figures and urged readers to subscribe. The users were then forced by scammers to deposit money into fake systems. – Related posts:Deputy holds third Legislative Meeting with Youth – Publinews - 2024-04-24 04:22:51Controversial Practice: Egyptian Farmers Accused of Watering Crops with SewageFHI sends questions to thousands of vaccinated - VGWhat happens when you stop consuming?Share this:FacebookX Related Moderna requests authorization for 4th dose of COVID vaccine Nuclear weapons against the West? Putin would use them if war in Ukraine drags on, US warns Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: