RATE Group | Qatari billionaire sues Facebook over crypto scam ads
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Qatari billionaire sues Facebook over crypto scam ads

01 Mar Qatari billionaire sues Facebook over crypto scam ads

Posted at 02:02h in Cryptocurrency News by

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Qatari billionaire Wissam Al Mana has sued Facebook over crypto scam advertisements. Al Mana has filed a defamation suit over a series of scam ads that used his popularity to drive fraud in the Middle East. As per the report, the billionaire has claimed defamation, malicious falsehood, and false advertising by an unnamed company using Facebook to promote their services and products.

Crypto scam advertisements

The report revealed that AL Mana filed the suit with the High Court in Dublin, the city hosting Facebook’s European headquarters. The report revealed that the regulation in Ireland is more open to plaintiffs compared to the legal framework of the United States.

Al Mana, who is also the ex-husband of superstar celebrity Janet Jackson, revealed on his personal website that he has no social media accounts. He added that people should be wary of people and companies using his popularity to promote products such as cryptocurrencies and other financial products.

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