Thailand Urges Facebook to Fight Crypto Scams

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The Ministry of Digital Economy and Society in Thailand declared on Monday that it will begin legal action against Facebook unless the social media giant takes action against fake crypto-related ads that have reportedly swindled 200,000 people.

The ministry stated that it would be gathering evidence of wrongdoing against the platform and present it to a court at the end of the month.

Evidently, the scammers have been using pictures of celebrities to gain the trust of victims for investments that guaranteed high returns.

Louis Adams https://www.satoshihodler.com

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