Australia sues Meta over scam crypto ads on Facebook"...alleging that they engaged in false, misleading or deceptive conduct by publishing scam advertisements featuring prominent Australian public figures."
What you need to know
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 adverts were likely to mislead people and that Meta is responsible.
Meta is being sued by Australia over claims it let advertisers post scam crypto ads to its Facebook platform, misleading users.
The ACCC announced Friday that it had started court proceedings against Facebook owner Meta "alleging that they engaged in false, misleading or deceptive conduct by publishing scam advertisements featuring prominent Australian public figures."
The body also says that Meta "aided and abetted or was knowingly concerned in false or misleading conduct and representations by the advertisers."
The suit pertains to ads "which promoted investment in cryptocur...
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Australia sues Meta over scam crypto ads on Facebook
