German court rules Meta liable for scam ads on Facebook and Instagram
A German court has ruled that Meta is responsible for fake investment ads posted by others on Facebook and Instagram.
The court ordered Meta to remove the ads and pay damages, Reuters reported. The Frankfurt Regional Court’s decision is not final and can be appealed.
Finanzfluss, a German personal finance platform, and its co-founder Thomas Kehl filed the lawsuit. Scammers used the company’s trademarked logo and Kehl’s photo without permission in posts promoting investments the court called alle...
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