Facebook Cracks Down On Crypto Ads

Catch up on the latest Bitcoin and Altcoin news.
Post Reply
User avatar
Posts: 34
Joined: Mon Dec 18, 2017 1:19 am
Location: Austin, TX

Post Count

Wed Jan 31, 2018 1:51 am

Facebook Cracks Down On Crypto Ads

In an announcement on Tuesday, January 30, 2018, Facebook said it will no longer allow ads that have “misleading or deceptive promotional practices,” which apparently includes ICOs (Initial Coin Offerings) and cryptocurrency advertisements. In the blog post, FB stated many crypto companies offer financial stocks, but may not be doing it “in good faith”.

In an effort to make it “harder for scammers to profit,” they have decided to ban all crypto related ads all together. The post also asks anyone who sees any ads that may have slipped through to report them back to Facebook.

https://cointelegraph.com/news/facebook ... -practices

User avatar
Posts: 41
Joined: Sat Dec 16, 2017 3:08 am
Location: Pune, India

Post Count

Wed Jan 31, 2018 2:33 am

Ah, it's more kind a of egoism than crack down on scammers.

Post Reply
  • Information
  • Who is online

    Users browsing this forum: No registered users and 2 guests