Meta vowed to stop illegal financial ads: Massive fail


US tech giant Meta has repeatedly failed to stop illegal ads for high-risk financial products running on its platforms in Britain, despite committing to block them, according to a review by the country’s financial regulator. This is despite similar ads being blocked in Australia.

Britain’s Financial Conduct Authority found that during one week in November, 1,052 ads for currency trading and certain complex financial instruments were posted on Meta’s platforms …

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