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Thailand Threatens Court Action Against Facebook Over Crypto Scam Ads

Thailand is threatening to take legal action against Facebook if it does not address the issue of alleged investment and crypto scam ads on its platform. The Ministry of Digital Economy and Society claims that over 200,000 people have been deceived by Facebook ads promoting crypto scams, fake businesses, and fake government agencies.

The ministry has accused Facebook of failing to screen advertisers and is gathering evidence of the scam ads, which number over 5,300. If Facebook does not take action, the ministry is prepared to ask a court to shut down the platform within seven days.

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