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Facebook Faces Legal Fight with Australian Billionaire over Crypto Scam Ads

Meta’s Facebook has filed legal documents in rejection of an action brought by the Australian billionaire Andrew “Twiggy” Forrest, the nation’s richest man. The latter claims the social media platform should be held liab...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Facebook Faces Legal Fight with Australian Billionaire over Crypto Scam Ads
 
Meta’s Facebook has filed legal documents in rejection of an action brought by the Australian billionaire Andrew “Twiggy” Forrest, the nation’s richest man. The latter claims the social media platform should be held liable for “reputation-damaging” crypto scam ads that made use of images of him....
Read More: Facebook Faces Legal Fight with Australian Billionaire over Crypto Scam Ads

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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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