Crypto scam is always a pain the neck, especially for these guardians of the law. They want answers and as part of their inquiry, they’re turning their attention to the world’s 16th wealthiest man.
Democratic senators from the United States Senate questioned Mark Zuckerberg, the chief executive officer of Meta, about the company’s procedures for combating cryptocurrency fraud.
The Washington Post reports that Democrats in the US Senate want more details from Meta about how the company deals with cryptocurrency scam, claiming the company’s platforms are fertile ground for con artists.
Bob Menendez of New Jersey leads the group of senators, which also includes Sherrod Brown of Ohio, chairman of the Banking Committee, and Elizabeth Warren of Massachusetts.
Several of Meta’s sites are especially popular hunting grounds for scammers, the Senators said, despite the fact that “crypto scams are prevalent across social media.”
Image: PCMag
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