Scammers Are Shilling Fake Cryptocurrency Using Big Tech’s Biggest Names

Image credit: Gabriel Hongsdusit. Article by Colin Lecher and Surya Mattu. The Markup – February 22, 2022.

Earlier this month, some users scrolling through Facebook may have seen an unexpected message, apparently from CEO Mark Zuckerberg himself.

Facebook recently rebranded itself as Meta, and the advertisement, which included a photo of Zuckerberg in front of a background of purple polygons, claimed to offer a chance for users to invest in a new Meta cryptocurrency.

Another ad, posted around the same time and also promoted on Facebook, was tied to a page called “Metaverse” and similarly offered a shot at a presale of the upcoming “Meta token,” saying “the thrilling digital future has arrived.” The ads both included Meta’s new logo, an infinity sign.

But Meta doesn’t offer any such cryptocurrency. […]

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