Hayden Adams, founder of the decentralized exchange Uniswap, has warned users about fraudulent ads impersonating the platform, highlighting a case in which a victim reportedly lost everything. It ...

Meta generated millions of dollars in revenue from advertisements tied to Medicare scams that targeted older Americans, according to a new report from the Center for Countering Digital Hate (CCDH).

The watchdog Consumer Federation of America alleges in a new lawsuit that Meta Platforms misleads Facebook and Instagram users about the risk that they will encounter scams, and by "knowingly ...

Social media giant Meta expected about 10 percent of its 2024 revenue, roughly $16 billion, to come from running ads for scams and banned goods, according to internal projections reported by Reuters.

Meta Platforms has asked a federal judge to authorize an immediate appeal of his recent decision allowing Facebook users to proceed with key claims in a lawsuit over scam ads. "Securing appellate ...

That “easy money” or “rapid weight loss” ad in your social feed may actually be a scam. A recent Reuters investigation alleges that Meta, the parent company of Facebook and Instagram, earned billions ...

Cybersecurity researchers warn of a sophisticated malvertising campaign targeting Reddit users in the U.S. and Europe.

Meta is facing a new lawsuit over its advertising practices. The nonprofit group Consumer Federation of America (CFA) has filed a proposed class-action suit against Meta for "failing to protect users" ...

Facebook now accounts for the vast majority of scams on social media, according to an explosive new study — and critics claim it’s because Mark Zuckerberg’s tech giant is more focused on making money ...

Santa Clara County has become the latest entity to sue Meta over scam ads on Facebook and Instagram. The lawsuit, brought by County Counsel Tony LoPresti, alleges that the company has profited from "a ...