Katya Yatik pfp
Katya Yatik

@katyayat

Australian billionaire Andrew Forrest defeats Meta in crypto fraud case. The owner of Fortescue Metals Group won in a US court a case against Meta, the former Facebook, for publishing a series of fake advertisements about crypto investments. “Meta profited from a fake advertisement that used a generated image of Andrew Forrest. Some of the posts were accompanied by fake testimonials from investors claiming to have turned $250 into millions in a matter of months. This is sufficient to adequately state that Meta may be held liable for the results of fraudulent advertising,” the court’s ruling said.
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