AMSTERDAM: Dutch billionaire businessman John de Mol filed a lawsuit against Facebook in an Amsterdam court on Wednesday, saying the social media giant had allowed fake ads on its platform using his name and image to perpetrate Bitcoin-related fraud.
The ads, which have been removed, enticed people to send money to purchase Bitcoin or participate in fake cryptocurrency-related businesses with claims of De Mol's involvement or backing. Facebook should take preemptive action to block such ads, and its current vetting system, which relies in part on self-reporting problems, was not enough, Schaap said."I don't know what reality Facebook lives in, but that doesn't work," she said.
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