Crypto-Currency Ads Back On Facebook

What do Prince Charles, Jennifer Aniston and Justice Ruth Bader Ginsburg have in common?

All of their images have been used to sell cryptocurrencies and none of those folks agreed to be used in that manner.

The spate of recent sketchy Initial Coin Offerings (ICOs) caused Facebook to stop taking advertisements for cryptocurrencies.

But now, apparently, that things have quieted down, Facebook is once again permitting cryptocurrency ads on its platform after it has vetted the ad. Facebook did not provide its criteria, so any ads will be within their discretion, presumably passing some sort of smell test. (ICO ads are still prohibited).

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in accredited investor, balance, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

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