Meta liable for fake investment ads after nearly 260 reports, German court rules

Verifying
  • German court holds Meta liable for third-party fake advertisements on Facebook and Instagram.
  • Nearly 260 violations were reported in August 2024; some removals took up to 62 days.
  • Meta must disclose fake-ad details and generated revenue; ruling can still be appealed.
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Meta liable for fake investment ads after nearly 260 reports, German court rules - CoinPost Terminal