Cryptocurrency Scams Are Just Straight-Up Trolling at This Point

Published: Jan. 31, 2018, 4:31 p.m.

Facebook announced in a blog post Tuesday that it would ban cryptocurrency advertising from the platform entirely. The company said that many ads for cryptocurrency investment opportunities, like initial coin offerings, were \u201cnot currently operating in good faith.\u201d Facebook has a point. Take Prodeum for example, a Lithuanian cryptocurrency startup that appeared online Thursday. By Monday, it was gone.