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Meta settles with Qatari billionaire over crypto scam ads
2023-12-15 16:06
Odaily News Technology giant Meta has reached a settlement with a crypto scam advertisement that used the image of Qatari businessman Wissam al Mana and issued a public apology to him. As early as 2019, some crypto scam ads were posted on Facebook that were false, misleading and defamatory ads produced by malicious third parties without al Manas knowledge or consent. The specific details of the settlement are currently confidential, but Meta has agreed to take strong measures against crypto scam ads in the future. Al Mana said the ads had caused damage, distress and embarrassment to his reputation. Meta said in the statement, Meta accepts and regrets the reputational damage, distress and embarrassment caused by these false advertisements published by malicious third parties, and expresses its sincere and unreserved apology to Al Mana. In addition, Al Manas lawyer Meta is required to share the identity information of buyers of these crypto scam ads, including their IP addresses, names, places of residence, etc. (protos)