Categories

Most Viewed

ACCC commences proceedings against Meta for scam crypto ads on Facebook – Consumer Law


To print this article, all you need is to be registered or login on Mondaq.com.

The ACCC has commenced proceedings in the Federal Court against
Meta Platforms, Inc. and Meta Platforms Ireland Limited, alleging
that these entities are liable for scam advertisements published by
third parties on Facebook.

The proceedings

The ACCC alleges that Meta Platforms, Inc. and Meta Platforms
Ireland Limited:

  • engaged in false, misleading or deceptive conduct by publishing
    scam advertisements on Facebook

  • aided and abetted or were knowingly concerned in the
    scammers’ misleading and deceptive conduct and false
    representations,

in contravention of the Australian Consumer Law
(ACL) or the Australian Securities and
Investments Commission Act 2001
(Cth) (ASIC
Act
).

The advertisements contained links…

Read more…

    Leave Your Comment

    Your email address will not be published.*

    Fraudsters News