Crypto fraud ads appear on Instagram multiple times, official response will improve detection protocols for such content

According to Cointelegraph, Facebook's social media Instagram has repeatedly appeared in fraudulent advertisements by Martin Lewis, the founder of the well-known British financial portal "Money Saver". Instagram responded by saying that deceptive advertising has no place on its platform and plans to continue improving detection protocols for such content. It is reported that Instagram has stated that it will review encryption-related content and has repeatedly imposed a comprehensive ban on encrypted advertising.