Cryptocurrency News Today: Big Brother billionaire suing Facebook over Bitcoin ads says agreement ‘is impossible’
John de Mol, one of the brains behind entertainment giant Endemol and the Big Brother television format, filed his suit with an Amsterdam court three months ago. Since then, Facebook and de Mol have reportedly negotiated to no avail.
De Mol claims Facebook failed to set measures to stop such scams from advertising on its platform.
“While the company seemed to be cooperating, it was merely a smokescreen that concealed its reluctance to put in place the desired measures in a timely and correct manner,” said De Mol via a statement cited by Reuters.
Hard Fork has previously reported on numerous instances of fraudulent Cryptocurrency ads that feature celebs from almost every corner of the world.
We’ve reached out to Facebook for comment, and will update this piece should we receive a reply.
Update 11:43 UTC, 10 September: A Facebook spokesperson has since contacted Hard Fork to explain the firm’s side of the story.
“We are as eager as John de Mol to remove