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❕NEWS Multiple crypto companies are suing Google, Facebook, and Twitter due to crypto ads bans

B

Balint098

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Crypto companies have brought big tech companies like Google, Facebook, and Twitter to Australian court of justice due to their crypto-related ads bans. The bans resulted in millions of loses in potential earning for these companies. The legal case currently worth $600 million but could grow as high as $300 billion if the case drags on. It's not just big companies that put pressure on these tech giants but also individuals who's harmed by their ads practices.
 
"If it's free, you're probably the product," they say. Just be careful around all social media since they farm your data and sell those to advertisers.
True . this is why I don't participate in any airdrop that deals with kyc verification .
You never can tell what fraud you details can be used to carry out in near future .
 
Most people including you might be a victim if these social media giants decided to sell of our data to advertisers secretly because we have joined enough sites.

Sorry, but I have never used any social media site. And when I do, I use fake identity so that I can protect my real identity. That's how I roll.
 
Yeah this is the truth, ads network could be a lot better.but I wondering if there can ever win here, because these platforms that cite it being their rules and there's nothing anyone can do about it.
Even google been the best ads network place a ban on them, I guess they can use forums and survey sites to advertise their site anytime they want to
 
Even google been the best ads network place a ban on them, I guess they can use forums and survey sites to advertise their site anytime they want to
I'm sure they knew about using forums and survey sites before going for the initial bit tech companies. But we all know the huge influence that emsnste from these big sites.
 
Maybe Google, Facebook, Twitter and social media will lift their bans on crypto ads after this case. Who knows? This can be good for crypto too.
 
I'm sure they knew about using forums and survey sites before going for the initial bit tech companies. But we all know the huge influence that emsnste from these big sites.
Yeah the influence made it popular ,but since they were banned they have no other option that to take the next move or they increase their affiliate marketing bonus
 
Maybe Google, Facebook, Twitter and social media will lift their bans on crypto ads after this case. Who knows? This can be good for crypto too.
I don't think so , they won't lift the ban considering the latest scam carried out in Twitter with a cryptocurrency , bitcoin.
I think cryptocurrency have to look for another alternative.
 
Maybe Google, Facebook, Twitter and social media will lift their bans on crypto ads after this case. Who knows? This can be good for crypto too.
It will be good for the crypto sites because those social media sites have a huge userbase,so if they lift the ban more people will get to know about crypto currency
 
It will be good for the crypto sites because those social media sites have a huge userbase,so if they lift the ban more people will get to know about crypto currency
True , but it will also have its disadvantages. More cryptocurrency scams can be carried out in the social media platforms . which may tarnish image of the affected social media .
 
As if social media images not already tarnished because their own act - like how Facebook selling people data and scammers using fiat or even seller that sell suicide pills.
Facebook has been associated with scams indeed , but this single Twitter cryptocurrency scam has affected Twitter more than other ones has affected Facebook .
 
As if social media images not already tarnished because their own act - like how Facebook selling people data and scammers using fiat or even seller that sell suicide pills.
Facebook has been associated with scams indeed , but this single Twitter cryptocurrency scam has affected Twitter more than other ones has affected Facebook .
 
True , but it will also have its disadvantages. More cryptocurrency scams can be carried out in the social media platforms . which may tarnish image of the affected social media .
Other scams are also present on Facebook apart from the known crypto scams ,so scam on Facebook is already a normal thing no need to worry
 
I believe they are all trying to be on a saver side because a lot have happen since the incident on twitter (hacking of peoples account) I believe it is for agood course they ban those ads
Those hacking on twitter and the incidents that took place earlier on has nothing to do with the ban , I think the ban is for the crypto ads site
 
My concern is that if google, YouTube and Facebook decided to ban all Crypto ads , how do we get to know about the legitimate ones.
 
My concern is that if google, YouTube and Facebook decided to ban all Crypto ads , how do we get to know about the legitimate ones.
I think the best thing for them to do is to verify the site if it's legit first before the advertisers can launch the ads on Facebook ,it would be very good to do so I think
 
I think the best thing for them to do is to verify the site if it's legit first before the advertisers can launch the ads on Facebook ,it would be very good to do so I think
This is a good method but remember that there are tons of ads available for them to approved,if they are to go by verification it will takes time for ads to run.
 
This is a good method but remember that there are tons of ads available for them to approved,if they are to go by verification it will takes time for ads to run.
Well, they have to verify each add manually because you can't have a robot accept something like this. Robots can't detect ads that are inappropriate to show to people
 
This is going to slow their services and affect their revenue generation I don't think they may be willing to do that though it is the best.
 
Presently all these sites have recently accepted cryptocurrency in their platform . Google is the latest. This shows that cryptocurrency is gaining grounds gradually .
 

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