2022-03-19
If the ACCC's legal bid is successful, Meta could face a multi-million dollar fine for breaching Australian Consumer Law. Andrew Forrest last month launched separate legal action over the scams, while Meta is facing more headaches related to the Cambridge Analytica scandal.
Reuters
The Australian Competition and Consumer Commission sues Meta claiming Facebook “aided and abetted” scam cryptocurrency ads with photos of famous Australians
Australian competition watchdog has begun proceedings against Facebook owner Meta Platforms Inc (FB.O) …
Consumer watchdog ACCC is suing Meta, Facebook's parent company, after it allegedly didn't do enough to pull fake crypto ads from the platform. It claims Meta was responsible for hosting the “misleading” ads for fake investments, which caused one scam victim to lose $650,000. https://twitter.com/...
Reuters
The Australian Competition and Consumer Commission sues Meta claiming Facebook “aided and abetted” scam cryptocurrency ads with photos of famous Australians
Australian competition watchdog has begun proceedings against Facebook owner Meta Platforms Inc (FB.O) …
2022-03-18
Consumer watchdog ACCC is suing Meta, Facebook's parent company, after it allegedly didn't do enough to pull fake crypto ads from the platform. It claims Meta was responsible for hosting the “misleading” ads for fake investments, which caused one scam victim to lose $650,000. https://twitter.com/...
Reuters
The Australian Competition and Consumer Commission sues Meta claiming Facebook “aided and abetted” scam cryptocurrency ads with photos of famous Australians
Australian competition watchdog has begun proceedings against Facebook owner Meta Platforms Inc (FB.O) …
If the ACCC's legal bid is successful, Meta could face a multi-million dollar fine for breaching Australian Consumer Law. Andrew Forrest last month launched separate legal action over the scams, while Meta is facing more headaches related to the Cambridge Analytica scandal.
Reuters
The Australian Competition and Consumer Commission sues Meta claiming Facebook “aided and abetted” scam cryptocurrency ads with photos of famous Australians
Australian competition watchdog has begun proceedings against Facebook owner Meta Platforms Inc (FB.O) …