Meta settles with Qatari billionaire over crypto scam ads

Bitget App

Trade smarter

Cointime2023/12/16 08:08

By:Cointime

Tech giant Meta has reached a settlement and publicly apologized to Qatari businessman Wissam al Mana over the use of his image in fraudulent cryptocurrency ads. The ads were posted on Facebook in 2019 by "malicious third parties" without al Mana's knowledge or consent and were deemed "false, misleading, and defamatory." The details of the settlement are currently confidential, but Meta has agreed to take "strong measures" in the future to combat cryptocurrency scams. Al Mana stated that the ads caused damage, trouble, and embarrassment to his reputation. In a statement, Meta expressed regret and offered a sincere and unconditional apology to al Mana for the reputational damage, trouble, and embarrassment caused by these false ads posted by malicious third parties. In addition, al Mana's lawyers have demanded that Meta share the identity information of the buyers of these fraudulent cryptocurrency ads, including their IP addresses, names, and places of residence. (Protos)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Explore Arctic Pablo Coin's presale, Pudgy Penguins' gaming expansion, and Fwog's market trends. Discover the Top New Meme Coins to Invest in April 2025.Arctic Pablo Coin (APC): Staking and RewardsArctic Pablo Coin (APC): Presale Reaches Frostbite CityPudgy Penguins: Expanding into Mobile GamingFwog: Gaining Momentum in the Meme Coin MarketWrapping Up: Arctic Pablo Coin (APC) Stands OutFor More Information:

Coinomedia•2025/04/23 23:44

Buy Low, Fly High: Arctic Pablo at $0.000099 Eyes $0.008 Surge, While Fwog And Pudgy Penguins Push Boundaries

Australian Court Overturns License Ruling Against Block Earner, Sides with Fintech in Landmark Crypto Case

In a significant legal win for Australia’s crypto and fintech industry, the Federal Court has overturned a previous ruling that required digital finance firm Block Earner to obtain a financial services license for its discontinued fixed-yield crypto product.

DeFi Planet•2025/04/23 21:55