Did you know that Facebook’s parent company Meta is now releasing a crypto token called Meta Token? Actually, it isn’t. But the same scammers who placed Facebook ads for the Amazon Token are now advertising a Meta Token, supposedly backed by Mark Zuckerberg — advertised, of course, on Facebook. Same scam, different day If you’ve…
It’s been four months since Facebook first started showing ads for the “Amazon Token” cryptocurrency scam. New pages and ads continue to pop up on Facebook and eventually get yanked. It’s an easy enough pattern to spot. So why can’t Facebook block them before they go live? First, facts. The Amazon Token advertised on Facebook…
Last week I posted about the Amazon Token crypto scam advertised on Facebook. That post received 4,000 views in six days, which is about eight times my usual traffic for a new post, and shows no sign of stopping. Here’s what made it take off. A deliberate move to capture traffic through SEO As soon…
Never invest in something if you have no idea what it’s worth. That’s what’s going on with cryptocurrencies right now. In the equities market — stocks — every company has a value: its market capitalization. The share price is proportional to that value. There are two things that drive share prices. One is the beauty…