Marketing 3 min read

Cryptocurrency and ICO Advertisements are now Banned From Facebook

Chinnapong / Shutterstock.com

Chinnapong / Shutterstock.com

Following its major news feed changes, Facebook announced yesterday that it would be banning cryptocurrency and ICO advertisements from the platform.

In a blog published yesterday, Facebook’s Product Management Director, Rob Leathern, announced that the social media giant would now be banning cryptocurrency and ICO advertisementsFacebook has created a new policy that will prohibit explicit ads associated with “misleading and deceptive promotional practices” from appearing anywhere on the site.

“Two of our core advertising principles outline our belief that ads should be safe, and that we build for people first. Misleading or deceptive ads have no place on Facebook,” Leathern wrote.

“We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.”

While Facebook and its CEO, Mark Zuckerberg, have openly said that they support emerging technologies, they are apparently aware of many companies taking advantage of digital currency’s popularity.

@facebook will now be banning all kinds of cryptocurrency and ICO advertisements from its feeds.Click To Tweet

Banning Cryptocurrency and ICO Advertisements

With virtual coins and different initial coin offerings gaining solid traction these past months, the number of scammers has also risen. According to Leathern, “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith.”

For instance, some illegitimate companies used ICOs to raise considerable amounts in funding. However, the lack of regulation made it easier for these scams to just disappear, taking with them the money of their so-called investors.

The social media’s new policy means that cryptocurrency and ICO advertisements, even those from legitimate businesses, will no longer appear in users’ news feeds. Any advertiser that will be caught violating Facebook’s new policy will be completely banned from the company’s core app along with Instagram, Audience Network, and other places where Facebook sells its ads.

Ads using phrases such as “New ICO! Buy tokens at a 15% discount NOW!” or “Use your retirement funds to buy Bitcoin!” would not be permitted, Facebook said.

“This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms including Facebook, Audience Network and Instagram,” Leathern wrote. “We will revisit this policy and how we enforce it as our signals improve.”

The social networking site understands that catching every ad that violates their policy will be no easy feat. So, they are encouraging users to report content that promotes products and services deemed illegal by the Facebook’s Advertising Policies.

For Facebook, this new move is just part of the company’s efforts to improve the integrity and security of their ads, making it harder for “scammers to profit from a presence on Facebook.”

Do you believe that Facebook’s move to ban cryptocurrency and ICO advertisements from its platform would help eliminate scammers?

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Chelle Fuertes

Chelle is the Product Management Lead at INK. She's an experienced SEO professional as well as UX researcher and designer. She enjoys traveling and spending time anywhere near the sea with her family and friends.

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    • Profile Image
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    Trade Precinct November 24 at 3:01 pm GMT

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      Bitcoin has skyrocketed in popularity, becoming the digital darling of the financial world. But with great popularity comes great vulnerabilities. Hackers, phishing scams, and technical glitches can all conspire to separate you from your beloved cryptocurrency. That’s why understanding the importance of bitcoin recovery is crucial – it’s like having a safety net for your digital gold. Losing Bitcoin isn’t just a minor inconvenience; it can have some serious consequences. Think of missed investment opportunities, sleepless nights, and endless “what-ifs.” Plus, let’s not forget the potential cost – losing your bitcoin is like dropping a wad of cash down a drain – it stings. That’s why it’s essential to grasp the risks involved and take the necessary steps to recover your lost Bitcoin. Efficiency is crucial when you’re racing against the clock to find your misplaced Bitcoin. You may be sure they won’t waste any time with Daniel Meuli Web Recovery. Their recuperation procedure is intended to be quick and efficient so you can quickly get back on track and start counting your bitcoin. The journey to recovering your lost Bitcoin starts with an initial assessment and information gathering. Daniel Meuli Web Recovery will dive deep into the details to understand the scope of your loss and gather any relevant information needed to begin the recovery process. Think of it as the detective phase, minus the trench coat and fedora. After the assessment, it’s time to put on the thinking cap and analyze the situation. Daniel Meuli Web Recovery will utilize its expertise to identify potential recovery solutions tailored to your specific circumstances. It’s like having a brainy sidekick who knows just what to do to get you out of a tight spot. Now comes the exciting part – executing the recovery plan. Daniel Meuli Web Recovery will put its tools and techniques into action, navigating the digital maze to retrieve your lost Bitcoin. It’s like watching your favorite heist movie, except instead of stealing, they’re returning what’s rightfully yours. For help, call Daniel Meuli web recovery via:

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    Trade Precinct November 29 at 10:53 am GMT

    ARE YOU A VICTIM OF INVESTMENT OR NFT SCAM? DO YOU WANT TO INVESTIGATE A CHEATING SPOUSE? DO YOU DESIRE CREDIT REPAIR (ALL BUREAUS)? SCHEDULE A MEETING WITH AN ETHICAL HACKER ASAP TO GET STARTED.

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    All software tools needed to execute RECOVERIES from start to finish are available in stock.
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    Contact our team as soon as you can via the email address below to book a mail meeting with an ethical hacker.
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    Stay Safe out there !

  23. Profile Image
    Moises Noel November 30 at 5:26 pm GMT

    How are recovery my funds back
    Please always be careful when choosing where to invest and trade, i was scammed over 350,000 after they convinced me to invest with them hoping to get my profit back. After depositing my first 400,000 waiting to receive my profit after 7 days I waited for over 3 weeks no profit was sent to me , I contacted their customer support team they requested I deposit another 50,000 before they can processed my withdrawal request. I deposited the 50,000 making it total 350,000 and I waited to receive my payment still no profit was sent, i contacted their customer support again this time none of my messages or calls were answered. At this point I became frustrated because I lost all the money in my savings ,in search for help on how I can get access to my fund I was directed to contact some agencies who will help me recover my money back, I never believe because I don’t want to loose more again but I was forced to contact WIZESAFETYRECOVERY a bitcoin and forex recovery expert. I contacted him with the email they directed to me after getting my mails he asked me to forward some details to prove am not an impostors, I verified my identity and he asked me to provide all the details concerning my trade, i did exactly all he asked me to do , to God be the glory within 4 5 days I was able to accessed my fund again , the total money lost was recovered successfully. I will advise all scammed victims like me to kindly contact WIZESAFETYRECOVERY with the email below for help, he will assist you with all information needed to get back your fund successfully, reach him via his email (WIZESAFETYRECOVERY @ GMAIL COM)

  24. Profile Image
    robert mcnamara December 01 at 2:32 pm GMT

    I have been trading with this online broker for few months now but my main concern is it doesn’t accept withdrawal request, mine is not approved until I file a report to a fund recovery specialist called Gavinray on his ma il Gavinray78 gmail com he gave a rapid aid to my withdrawal problems.

  25. Profile Image
    Marcel Fiedler December 07 at 12:04 pm GMT

    Hello

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    Mike Don December 11 at 12:51 pm GMT

    I clearly advise you stay away from Them they had my funds stock with them. I made a transaction of USD 8,200 to them and I was never able to send my funds out of my wallet. This error continues and I made a request to the support team and I never got their responds. But I finally was able to get my funds with the assistance of a crypto expert named Jeff and I was able to get his attention after sending requests to his mail Jeffsilbert39 gmail com and I got a quick response and he was able to help me get my funds that was stock with Them. Or WhatsApp 84 94 767 1524.

  27. Profile Image
    Mike Don December 11 at 12:52 pm GMT

    I clearly advise you stay away from Them they had my funds stock with them. I made a transaction of USD 8,200 to them and I was never able to send my funds out of my wallet. This error continues and I made a request to the support team and I never got their responds. But I finally was able to get my funds with the assistance of a crypto expert named Jeff and I was able to get his attention after sending requests to his mail Jeffsilbert39 gmail com and I got a quick response and he was able to help me get my funds that was stock with Them. Or WhatsApp +84 94 767 1524.

  28. Profile Image
    monika Schultz December 12 at 6:41 pm GMT

    HOW TO RECOVER YOUR LOST AND STOLEN BITCOIN FROM SCAMMERS ONLINE

    Dear Friends,

    I sincerely hope this finds you well.

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    Best wishes,

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    Anthony Gary January 03 at 3:20 pm GMT

    Is safe to say this. I will advice you take proper research about the platform you chose to invest in. I was a victim to some crypto sc@m and I lost almost all my coin am glad I was able to seek help from Marketpeace.net a rec0very company and I got it back. So be guided with this guys

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    sofia aisha January 12 at 6:31 pm GMT

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  33. Profile Image
    family pride January 12 at 6:40 pm GMT

    Last year December I was contacted by a broker who convinced me to invest into Cryptoallday. I made an initial investment of € 200,00 and they asked for € 14,500 more in order to access my withdrawal. I followed their instructions and made another deposit. For 2 months now I have been trying to contact Cryptoallday but I got no response. I talked to my friends and colleagues about it and luckily for me a friend of mine just got out of a situation like that and introduced to a recovery team that helped her during her investment problem, within 3 days of contacting them they were able to help me get 100% of my lost money back. They only got paid after the recovery and I had no problem with giving them 10% from the recovered funds after I got it back. You can reach out to CRYPTORECOVERYHACKER for more insight. EMAIL:CRYPTORECOVERYHACKER @ GMAIL COM

  34. Profile Image
    Larry Steve January 17 at 7:51 pm GMT

    One-of-a-kind CRYPTORECOVERYHACKER @ GMAIL COM services exist. In my search for assistance in recovering my stolen coins, I came across this fantastic hacker contact, and it was helpful. Coin-Flip scammed me out of both my investment capital and the return on my $150,000 coin investment three months ago. I am grateful to them for recovering my money. If you ever find yourself in a similar circumstance, you can rely on their assistance.

  35. Profile Image
    Juliette Marcus January 19 at 9:53 pm GMT

    HOW TO RECOVER LOST OR STOLEN BITCOIN: A FULL GUIDE BY CYBER ASSET RECOVERY

    In the ever-evolving world of cryptocurrencies, the loss of access to Bitcoins can be a daunting challenge. Cyber Asset Recovery, a beacon in the realm of cybersecurity, offers a complete guide on how to find lost stolen Bitcoins. This concise yet thorough guide provides a roadmap for individuals facing the distressing prospect of losing access to their valuable digital assets.

    Immediate Action:
    The first crucial step in finding lost or stolen Bitcoins is to act promptly. Contact Cyber Asset Recovery to initiate the recovery process. Time is of the essence, and swift action increases the chances of successful recovery.

    Provide Relevant Information:
    When reaching out to Cyber Asset Recovery, provide detailed information about the circumstances surrounding the loss. Details such as transaction history, wallet addresses, and any available clues about the incident are vital in formulating an effective recovery strategy.

    Contact Info:
    Email: [ Cyberassetrecovery@ protonmail. com ]
    Telegram: +1 (501) 725–1653

  36. Profile Image
    James Blood January 19 at 9:55 pm GMT

    most binary option platforms are fake You can deposit money n trade
    When u want to make withdrawal of ur money they seem to reject
    Which mean u can accumulate ur asset on their page but u can’t take ur money out
    I was able to get my funds back through the assis tan ce of gavinray 7 8 gmail . com or WhatsApp ‪+1 (352) 322‑2096‬ he placed a recovery of the funds and I got all that was held

  37. Profile Image
    Elizabeth Yehuda January 20 at 3:08 pm GMT

    The cases of Cryptocurrency scam are now rampant and frustrating. Bitcoin investment is meant to be smooth and direct but a whole lot of people already turned it to a means to deprive innocent people of their hard earn funds. In a situation like this, all you need is a proper recovery company to help you recover your bitcoin.
    Bitcoin recovery is very possible so far as long as you’re making use of a very genuine professional and reliable hacker. Many recovery companies out there, it’s important to be cautious as some of them are also operated by some scammers who try to appear legitimate. Instead, it’s more advisable you make use of a tested and trusted hackers like Cyber Asset Recovery who can help you recover your funds. Cyber Asset Recovery Firm are professional hackers with qualified expertise that can help you.
    You can reach out Cyber Asset Recovery on their email: [ Cyberassetrecovery@ protonmail. com ]
    Telegram: 1 (501) 725–1653

  38. Profile Image
    William Oscar January 26 at 9:15 am GMT

    If you are a victim of a stolen bitcoin or a fraudulent online company that presents itself as a broker or a reliable company but is a scam. Getting your money back isn’t a big deal if you get the right recovery expert to help you out. With the rate at which a lot of scammers come online to rip people off, it becomes difficult to get the right recovery experts. This why I’m recommending to anyone reading this a legitimate Cyber Investigation guru and recovery expert CYBER ASSET RECOVERY FIRM who has helped scam victims recover their money back legally. any victims of binary options reading this can hire the services of these professionals to help them get their money back from the internet fraudsters and as well bring them back to justice. quickly reach out to CYBER ASSET RECOVERY Experts and request recovery of your funds via Email: Cyberassetrecovery(@)protonmail.com
    Or Telegram: @CyberAssetRecovery

  39. Profile Image
    Leo Mendy January 30 at 3:29 am GMT

    Am here to testify on the good work of doctor dominion
    I got sacked from work few months ago and have been unable to get a new job and haven’t been able to get a better shelter for Myself and kids , life has really been difficult because nobody wants to help , on a blessed day I decides to screw pass social media when I heard of a lady testifying of how doctor dominion helped her with so many of her problems, I quickly copied his email address and chatted him up to my greatest surprise he replied immediately and was ready to help me as soon as possible, first I was scared because I taught he was after d little money I had but I was wrong, we talked and he gave me a lottery winning number I did what necessary and am glad to say I gain more than I expected, I won the lottery with the help of doctor dominion because I gave up lottery a lot time he encouraged me and I won, am sharing this testimony with so much joy in my heart,
    you can also talk to him if you really want to win.

    WhatsApp or call :+12059642462

  40. Profile Image
    Wyatt Matthew January 30 at 9:09 am GMT

    WHERE CAN I GET A LEGITMATE RECOVERY FIRM TO HELP ME GET MY LOST BITCOIN/ CANTACT CYBER ASSET RECOVERY

    There are so many things that are possible in this world of technology, I don’t believe that a lost cryptocurrency can be retrieved or recovered, I lost 112,680 USD on a fake trading platform. I felt so bad because I invested all I had into these, I told my co worker about this issue and she told me that I had not heard of Cyber Asset Recovery and I said no, she told me they are professional hackers with the best recovery experience, I had to contact them and showed them all the necessary prove they requested and within 48hrs they recovered all my lost bitcoin back. I am very happy and excited because I never thought I could recover my lost bitcoin. Here is the contact of Cyber Assset Recovery
    Email: Cyberassetrecovery @protonmail. com

  41. Profile Image
    Gavin Jonathon February 05 at 8:48 am GMT

    After numbers of failed attempts by several hackers to recover my Bitcoin, Cyber Asset Recovery enhanced me to do so. I had lost my Bitcoin and USDT to a organized crypto trading fraud circle, and I had almost given up optimism. Afterwards, I discovered Cyber Asset Recovery on Google’s ad platform with numerous positive ratings. Then I contacted Cyber Asset Recovery, they were happy to support me the same day and it took them less than 48 hours to recover my Bitcoin and USDT. It was fantastic, and I can’t even put into words how I felt. I am so grateful for Cyber Asset Recovery that I have rivers of joy in my eyes. I will always tell people about you guys. I was amazed by the service of Cyber Asset Recovery. For proper service visit their website through or contact them on their email.

    Email: Cyberassetrecovery (@) protonmail (.) com
    Website: cyberassetrecovery.pro/

  42. Profile Image
    Jacalyn Armstrong February 06 at 10:18 am GMT

    It will be bad to keep this alone to myself. I came across the best  Advance ATM CARD hacker  who really helped me to get 200,000 dollars which has a 5,000 daily withdrawal limit, they are very honest and diligent in their work. All I did was to order for the ATM card  and  after  4 working days  I received my own ATM card from the delivery company with the card pin number. To my greatest surprise, the ATM card works at the ATM machine in my country   . Contact her via: advanceatmcard@gmail.com WhatsApp number +33758779954  

    • Profile Image
      Franka Aurora February 09 at 12:21 am GMT

      In recent years, cryptocurrency has become increasingly popular, not just among tech-savvy individuals, but also mainstream investors and businesses. The allure lies in its ability to bypass traditional financial institutions, providing users with more control over their money. Additionally, the potential for high returns on investment has attracted many who seek to capitalize on the volatile nature of cryptocurrencies. With great anticipation, you’ve seen the value of a promising cryptocurrency increase after investing your hard-earned cash in it. But then an unexpected catastrophe happens. Your money disappears out of thin air if your digital wallet is compromised. Unfortunately, many cryptocurrency fans can relate to this situation all too well. In my quest to recover the lost cryptocurrency, the heroic wizard employed the magical art of digital forensics. Equipped with mystical tools and techniques, they traced the nefarious activities of the hackers. By unraveling the cryptic chain, the wizard was able to follow the money and unearth the hiding places of the stolen cryptocurrency. Upon entering the battlefield, the wizard conducted a meticulous evaluation of the cyberattack’s impact. They left no stone unturned in assessing the damage caused and determining the best course of action to reclaim what was rightfully mine. Similar to the internet’s version of a mystical genie, Daniel Meuli Web Recovery focuses on finding lost bitcoins rather than fulfilling wishes. These guys are the ones to contact if you’ve ever found yourself cursing your fate and hoping for a solution while staring at a depleted bitcoin wallet. They are now the preferred option for bitcoin recovery due to their experience and track record of accomplishments. Call. Telegram (@) Danielmeuli

  43. Profile Image
    Quiana Albert February 26 at 12:50 pm GMT

    Losing Bitcoin is a perplexing situation that many individuals have faced. The thought of losing such a valuable asset can be overwhelming and confusing. It’s like losing a treasure chest with immense potential for financial growth. However, Cyber Asset Recovery understands this perplexity and offers a solution that brings hope into the equation. When I first discovered Cyber Asset Recovery, it was like finding a light at the end of a dark tunnel. Their comprehensive range of services, specifically tailored to help individuals recover lost bitcoin, caught my attention. With their expertise and track record of successful recoveries, I felt reassured that I was in a capable hands. Cyber Asset Recovery’s approach is characterized by burstiness, providing quick and effective solutions. Their team is highly skilled and experienced in complex cryptocurrency recovery cases. With their prompt response and efficient strategies, they swiftly dove into action, leaving no stone unturned in their quest to retrieve my lost Bitcoin. My 75,800.18 USD worth of bitcoin was restored and I am glad to have contacted Cyber Asset Recovery on their email at ( Cyberassetrecovery@protonmail. com ) You can also get in touch with them if you need your stolen or lost crypto to be recovered. And you can also visit their website to learn more: https:// cyberassetrecovery. pro/

  44. Profile Image
    Maxwell Larvy February 27 at 1:32 am GMT

    I’m glad I found Redeemed Hacker Pro, an honest fund/crypto recovery company. Their team of professionals was able to retrieve my crypto that had been stolen from a forex trader who had deceived me by saying I would receive a 35% return on my investment. I was able to receive all of my cryptocurrency back after writing to this team about my situation in less than 24 hours. I was overjoyed because I had thought all hope had been lost after being duped. I highly recommend them with full confidence. File a complaint to this company to get your stolen cryptocurrency and other digital assets back. In addition, he can help you get back on more profitable trading platforms, recover forgotten or lost cryptocurrency wallet passwords, and protect you from extortionists. Speak with the actual deal at Email: redeemed.h.p. @consultant.com 
    Website: redeemedhackerpro.wixsite.com/redeem-hacker-pro.

  45. Profile Image
    Marvin Bastow March 02 at 8:37 am GMT

    Hello, as a newbie to cryptocurrency trading, I lost a lot of money trying to navigate the market on my own. In my search for a genuine and trusted trader/broker, i came across Trader Bernie Doran who guided and helped me retrieve my lost cryptocurrencies and I made so much profit up to the tune of 60,000. I made my first investment with 2,000 and got a ROI of 25,000 in less than 1 week. You can contact this expert trader Mr Bernie Doran via Gmail : Berniedoransignals @ gmail . com and be ready to share your own, tell him you were referred by me

  46. Profile Image
    Lottie Arthur March 03 at 6:21 pm GMT

    I cannot express how relieved I am to have found a company like Cyber Asset Recovery. Losing my Bitcoin wallet was a sad experience, both financially and emotionally. I had tried various methods and consulted numerous experts, but none could provide a solution until i was able met with my old school friend who had recovered her bitcoins and she referred me to Cyber Asset Recovery a team of experts. From the moment I reached out to them, their team displayed a hand of support. They understood the urgency of my situation and immediately began working on my case. Their advanced technology and expertise in the field of cryptocurrency recovery were evident throughout the entire process. Their attention to detail approach gave me confidence that I was in capable hands. They kept me informed at every step of the way, providing regular updates and explaining the progress made. To my absolute delight. Cyber Asset Recovery expert was successful in recovering my Bitcoin wallet. I cannot thank Cyber Asset Recovery enough for their outstanding services. Their expertise, and commitment to their clients is top . I highly recommend reaching out Cyber Asset Recovery. I will advise anyone who falls victim to consult and communicate with this honest recovery firm through Email: Cyberassetrecovery(@)protonmail. com Or visit their website at https:// cyberassetrecovery. pro/

  47. Profile Image
    James Blood March 12 at 9:53 am GMT

    highly recommend the services of Gavin ray, did a fantastic job by recovering my life savings which got stolen investing on binary option with an unregulated broker. I had a stressful situations going on and he was so patient with me and did help me through this. I must commend him for recovering my money from the unregulated platform . you can contact Gavin via: gavinray78 @ gmail. com or WhatsApp: ‪+1 (352) 322‑2096, if you find yourself in this situation

  48. Profile Image
    Audrey George March 18 at 7:29 am GMT

    I did lose a lot of money once on an investment fraud involving bitcoins. At the most enticing rates I’ve ever seen, I invested $98,320 USD on a bitcoin trading platform. Unfortunately, though, I did not have a good experience. Subsequently, I discovered that everything was a scam and my funds were wasted. Because I was so depressed at the time, I had to figure out a way to get my money back. I quickly told a friend about my predicament and the incident. Consequently, he advocated for me to get in touch with Cyber Asset Recovery. He had my deepest gratitude. I would have been really despairing and forlorn if it weren’t for Cyber Asset Recovery, the software physician. The cryptocurrency recovery company Cyber Asset Recovery are well known and reliable. Cyber Asset Recovery successfully recovered my pilfered funds in just two days. The swiftness with which they were able to locate my lost funds astounded me. Because of this, I’ve decided to share my story and recommend their services to anyone who is reading this review and in need of assistance to recovery his or her stolen or lost Cryptocurrency.
    Contact Info:
    Email: C y b e r a s s e t r e c o v e r y @ p r o t o n m a i l . c o m
    Telegram Username: @CyberAssetRecovery & +1 (501) 725–1653
    Website: cyberassetrecovery. pro/

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