Tech giant Meta has reached a settlement with a crypto scam ad that used the image of Qatari businessman Wissam al Mana and issued a public apology to him.
As early as 2019, some crypto scam ads were posted on Facebook that were "false, misleading and defamatory" ads produced by "malicious third parties" without al Mana's knowledge or consent. The specific details of the settlement are currently confidential, but Meta has agreed to take "strong measures" against crypto scam ads in the future. Al Mana said the ads had caused damage, distress and embarrassment to his reputation. Meta said in the statement, "Meta accepts and regrets the reputational damage, distress and embarrassment caused by these false advertisements published by malicious third parties, and expresses its sincere and unreserved apology to Al Mana." In addition, Al Mana's lawyer Meta is required to share the identity information of buyers of these crypto scam ads, including their IP addresses, names, places of residence, etc. (protos)