ALGORITHMICALLY GENERATED PIXEL

Last updated: June 18, 2025, 18:37  |  Written by: Erik Voorhees

Algorithmically Generated Pixel
Algorithmically Generated Pixel

According To Bloomberg

Meta Faces ACCC Lawsuit Over Crypto Scam Ads on Facebook

Australia sues Meta over scam crypto ads on Facebook

According to Bloomberg, a Sydney-based spokeswoman for Meta said that the company doesn’t want scammy or misleading ads on Facebook because they “violate our

Facebook

Australian Watchdog Sues Meta Over Scam Crypto Ads on Facebook

Facebook’s parent company, Meta, has denied claims that over half of crypto ads on Facebook are scams, arguing that the data is outdated and that it has since

Meta pleads not guilty to recklessly handling crypto scam ads

The Lawsuit

The lawsuit, filed in 2025, claims that over half of the cryptocurrency-related ads analyzed by the ACCC were scams or violated Meta’s advertising policies. These ads

The ACCC is suing Meta for celebrity crypto scam ads on

Facebook/Meta pleads not guilty for its scammy Crypto Ads;

Meta Is Being Sued By

Meta is being sued by Australia. The country's media watchdog claims it allowed scam adverts relating to crypto on its Facebook platform. The ACCC alleges that

Social media giant Facebook/Meta has been significantly involved in the crypto-verse. Aside from its crypto -centric initiative, Libra, the social media platform has been

Meta denies claim more than half of Facebook crypto ads are scams

Facebook Parent Company Meta Pleaded

Court Revives Lawsuit Against Facebook Over Scammy Crypto Ads

Facebook parent company Meta pleaded not guilty on Wednesday to criminal charges as the social giant fights allegations that it recklessly facilitated clickbait crypto scam

The complaint specifically alleges that Meta Ads makes it possible for multiple “[c]ustomers advertising in Australia” to “run” ads on Meta’s own social media

Erik Voorhees can be reached at [email protected].

Articles tagged with "FIS and Fireblocks Partner up to Bring Crypto Services" (1 found)

← Back to article

Comments