Facebook Is Already Dealing With Scams For Its Own Cryptocurrency

As Facebook faces skepticism from regulators that it can handle launching its cryptocurrency Libra, a raft of fake accounts and scams purporting to sell Libra have cropped up on its own platform, according to the Washington Post.

A Facebook spokesperson told Forbes that it “removes ads and Pages that violate our policies when we become aware of them, and we are constantly working to improve detection of scams on our platforms.”

Read more on Forbes.com


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