Facebook crypto ads lead to dangerous malware scams

2 days ago 15

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You might already know that Facebook’s biggest strength isn’t the social media platform itself, but the user data it collects. 

The data we hand over without thinking twice is what this multibillion-dollar company uses to generate revenue. It sells that data to advertisers, who then try to make money off you by showing ads in the hope that you’ll buy their products. I’ll admit, sometimes the ad platform can be beneficial by connecting small businesses to potential buyers. 

However, since Facebook allows almost anyone to advertise with minimal moderation, it often leads to dangerous scams. Security researchers have found that a persistent malvertising campaign is plaguing Facebook, leveraging the reputations of well-known cryptocurrency exchanges...

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