On March 22, 2022, we began investigating a crypto scam on a Facebook page that posed as Crypto.com , a cryptocurrency exchange company, and asked for donations for Ukraine. The Facebook page was named Crypto.com/Nft. However, the company named Crypto.com had nothing to do with it. We notified Meta by email and were told by a company spokesperson that the page would soon be coming down. Meta is Facebook’s parent company. The person or people managing the page bought paid advertising on Facebook in order to run the scam. The ad was approved, and was displayed for at least three days. The page was created on March 18, and the ad began running the next day. We noted that the same ad was still active as of March 22. The “Ad Library” for the crypto scam Facebook page showed that it had been active for at least three days. By March 22, the page had racked up 228 likes and 5,368 followers. The post that was created for the Facebook ad had also been liked nearly 1,000 times. The ad from the Crypto.com/Nft Facebook page asked for donations for Ukraine and provided a specific wallet address. It appeared like this:…
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Don't Donate to Ukraine Through This Facebook Crypto Scam | Snopes.com
