⚠️ Half of Facebook Crypto Ads Are Scams!
- The Australian Competition Commission (ACCC) said more than 58% of crypto ads on Facebook violate Meta's policies or are scams.
- In 2022, the ACCC sued Meta for facilitating celebrity scam ads.
- In 2024, Australians lost more than $78 million to investment scams.
- Meta says it's cracking down on fake accounts, but the problem remains.