Mike Baird
CyberFinance
Good News! Facebook Sued Over Fake Crypto Ads!
The Australian Competition and Consumer Commission (ACCC) sues Facebook's parent company, Meta, over targeted fake crypto ads that have scammed Australians out of more than $100 million. The ACCC alleges the company engaged in false, misleading, and deceptive conduct by publishing scam ads featuring prominent Australians. In one instance, a victim lost $650,000 to a scam. Fake ads on Google and Facebook are the most efficient way for scammers to chase
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