EU Consumer Watchdog Slams Instagram, TikTok for Enabling Crypto Scams

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EU Consumer Watchdog Slams Instagram, TikTok for Enabling Crypto Scams

   Altcoin News BEUC Europe European Commission Instagram TikTok    June 10, 2023  |  0

The European Consumer Organization (BEUC) has released a report accusing leading social media platforms including Instagram, TikTok, Twitter, and YouTube of enabling scams related to digital assets. 
In a 20-page report, the watchdog categorized digital assets as highly risky and prone to scams, highlighting the impact cryptocurrencies have on consumers as well as the role of so-called crypto influencers. …
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