The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that the firm and its Irish branch engaged in “false, misleading
Category: accc
Aussie competition watchdog investigating Meta over crypto scam adsAussie competition watchdog investigating Meta over crypto scam ads
Australia’s consumer and competition (ACCC) watchdog is investigating Facebook’s parent company Meta for a long running series of fraudulent cryptocurrency advertisements of the platform. The news comes just a day
Australians lost over $25 million to bogus crypto investments: ReportAustralians lost over $25 million to bogus crypto investments: Report
Bitcoin-related investment scams have already exceeded $18.5 million, an increase of 44% compared to the total loss of nearly $12.8 million in 2020.
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report RevealsScammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians