đ¨ Crypto Influencers Beware! đ¨
- The FTC is cracking down on fake followers, views, and likes.
- New rules passed unanimously, effective 60 days post-Federal Register.
- No more buying or selling fake social media influenceâbots and hijacked accounts included.
- Violators face fines up to $50,000 per infraction. Ouch!
- AI-generated reviews and fake celebrity endorsements are also banned.
- Honest reviews only, folks!
FTC Chair Lina Khan: âThe final rule will protect Americans from getting cheated.â
Stay authentic, or pay the price! đ¸
Source: Rob Freund