Mark Zuckerberg, CEO of Meta and the world’s youngest billionaire, is somehow responsible for what happens on the platforms he owns.
Lawmakers are increasingly concerned about the spread of crypto scammers on Meta’s social networks Senators demand answers from Mark Zuckerberg on the spread of crypto scams This time, however, it’s about the savings of users who power Meta’s wasteful machine every day, and because of that, Mark Zuckerberg’s attention has been drawn. In recent years, they have often been blamed for mismanagement and intentional manipulation of fake news, as in the famous Cambridge Analytica case. The three social media platforms are all part of the large Meta parent company and should be considered among the most widely used in the world. In relation to scams in recent years, it can be seen that the main means of promotion and dissemination exploited have been Facebook, Instagram and WhatsApp. As a result, putting all the pieces of the puzzle together, in most cases it is the scammers who get the upper hand. Moreover, it is a very technical ecosystem in itself, a factor due to the complexity behind how blockchain technology works. It all becomes an illusion, a short-lived magical path that misguides those who stumble upon it until they wake up, the moment they learn that they have just been scammed. They understand the psychological weaknesses of the human being and leverage these to be able to lure the poor unfortunate without the latter noticing.
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More often than not, these are hackers and experts who, increasingly, know how to hide fraud behind a beautiful graphical interface, catchy, technical language, and promises that make those who read them daydream. īecause of the widespread misinformation that still characterizes the cryptocurrency industry, many scammers have been ingenious in deceiving as many people as possible.
Given past events, Facebook, Instagram, and WhatsApp have been the main means used by scammers to spread numerous scams in the crypto world. Senators demand answers from Mark Zuckerberg on the spread of crypto scamsįacebook, Instagram and WhatsApp under US senators’ scrutiny because of crypto scams.Facebook, Instagram and WhatsApp under US senators’ scrutiny because of crypto scams.
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