Interesting! Twitter Bans All Forms Of Cryptocurrency Adverts Over Fraud Fears

The widespread growth of the new generation cryptocurrency trend suffered a heavy setback yesterday as tghe management of Twitter announced a ban on all forms of adverts of initial offerings of cryptocurrency and sales of virtual currency tokens.
The new setback sporadically affected the value of bitcoin, as it crashed below $8,000. Following similar moves by Google and Facebook, Twitter has joined the cracked down on digital currency adverts to protect Twitter users from fraud.
Explaining the reason for the new move, the management of Twitter said: “We are committed to ensuring the safety of the Twitter community. As such, we have added a new policy for Twitter Ads relating to cryptocurrency. We know that this type of content is often associated with deception and fraud, both organic and paid, and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner.”
Photo Credit: Getty


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