Meta settles with Qatari billionaire over crypto scam ads
Tech giant Meta has reached a settlement and publicly apologized to Qatari businessman Wissam al Mana over the use of his image in fraudulent cryptocurrency ads. The ads were posted on Facebook in 2019 by "malicious third parties" without al Mana's knowledge or consent and were deemed "false, misleading, and defamatory." The details of the settlement are currently confidential, but Meta has agreed to take "strong measures" in the future to combat cryptocurrency scams. Al Mana stated that the ads caused damage, trouble, and embarrassment to his reputation. In a statement, Meta expressed regret and offered a sincere and unconditional apology to al Mana for the reputational damage, trouble, and embarrassment caused by these false ads posted by malicious third parties. In addition, al Mana's lawyers have demanded that Meta share the identity information of the buyers of these fraudulent cryptocurrency ads, including their IP addresses, names, and places of residence. (Protos)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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