COMMIT OVER
Meta Is Being Sued By
Meta pleads not guilty to recklessly handling crypto scam ads
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
Court Revives Lawsuit Against Facebook Over Scammy Crypto Ads
Facebook/Meta pleads not guilty for its scammy Crypto Ads;
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parent company, Meta, has denied claims that over half of crypto ads on Facebook are scams, arguing that the data is outdated and that it has since
Social Media Giant Facebook
Meta Faces ACCC Lawsuit Over Crypto Scam Ads on Facebook
The ACCC is suing Meta for celebrity crypto scam ads on
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
The Lawsuit
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
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 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
Facebook Parent Company Meta Pleaded
Australia sues Meta over scam crypto ads on Facebook
Meta denies claim more than half of Facebook crypto ads are scams
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
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