Leathern also acknowledged the fact that Facebook’s new policy is “intentionally broad.” However, they are working to “better detect deceptive and misleading advertising practices.” According to him, they will start to intensify the enforcement of the new policy across Facebook, Audience Network, Instagram, and other platforms.
Moreover, Leathern encouraged users to report ads content that violates Facebook’s advertising policy. He admitted that they may not catch every ad that should be removed from the social network giant.
Bitcoin trader accused of fraud still active on Facebook
Earlier this month, the U.S. Commodity Futures Trading Commission (CFTC) filed charges against two cryptocurrency traders. One of them is Patrick K. McDonnell, the owner of Cabbage Tech.
The regulator alleged that McDonnell used social media such as Facebook to defraud people interested to invest in cryptocurrencies. He allegedly encouraged customers to send money and virtual currencies in exchange for real-time trading advice. However, he did not provide the services he promised and stopped communicating with customers.
