Social media giant Facebook (FB) is taking a stance against ads for bitcoin and other cryptocurrencies.
Examples of ads that have been included on Facebook: “Use your retirement funds to buy Bitcoin”; “New ICO! Buy tokens at a 15% discount Now!”; and “Start binary options trading now and receive a 10-risk-free-trades bonus!”
“We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception,” Leathern wrote. “That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith.”
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