UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO

The U.K.’s advertising authority has banned an ad for cryptocurrency floki inu (FLOKI). The authority says the ad’s “Missed Doge? Get Floki” claim “exploited consumers’ fears of missing out and trivialized investment in cryptocurrency.” The ad was also “irresponsible” and “took advantage of consumers’ inexperience or credulity,” the regulator said. Floki Ad Banned in the … Read more

UK Watchdog Bans Bitcoin Advert for ‘Irresponsibly’ Promoting Investments in the Crypto Asset

The United Kingdom’s Advertising Standards Authority (ASA) has banned Coinfloor’s bitcoin advert for “irresponsibly” promoting investments in the crypto asset. The watchdog claimed the crypto exchange’s marketing campaign had targeted pensioners who were “unlikely to know” much about the topic. ASA’s ruling comes after the regulator received two complaints concerning the advert. According to a … Read more