Tag: Advertising Standards Authority

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UK uses Love Island star to warn finfluencers on crypto and investment schemes

April 7, 2023

The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law. The financial and advertising regulators of the United Kingdom have teamed up to send a warning to social media “finfluencers” telling them to stop promoting illegal “get rich quick” schemes or face law…
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UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO

March 3, 2022

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…
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