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		<title>Twitter Bans Crytocurrency Ads On Fraud Fears - Versionsgeschichte</title>
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		<updated>2026-08-23T05:20:43Z</updated>
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		<id>http://wiki.pannier-schulungen.de/index.php?title=Twitter_Bans_Crytocurrency_Ads_On_Fraud_Fears&amp;diff=67151&amp;oldid=prev</id>
		<title>QTHNeva1883: Die Seite wurde neu angelegt: „Twitter became the latest internet platform to ban ads for cryptocurrency offerings, saying these services are often associated with &quot;deception and fraud&quot;&lt;br&gt;…“</title>
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				<updated>2021-01-08T12:47:29Z</updated>
		
		<summary type="html">&lt;p&gt;Die Seite wurde neu angelegt: „Twitter became the latest internet platform to ban ads for cryptocurrency offerings, saying these services are often associated with &amp;quot;deception and fraud&amp;quot;&amp;lt;br&amp;gt;…“&lt;/p&gt;
&lt;p&gt;&lt;b&gt;Neue Seite&lt;/b&gt;&lt;/p&gt;&lt;div&gt;Twitter became the latest internet platform to ban ads for cryptocurrency offerings, saying these services are often associated with &amp;quot;deception and fraud&amp;quot;&amp;lt;br&amp;gt;  &amp;lt;br&amp;gt;Twitter on Monday announced a ban on ads for initial offerings of cryptocurrency or sales of virtual currency tokens, sending the value of bitcoin diving below $8,000.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;Twitter followed the lead of Google and Facebook, which earlier this year cracked down on digital currency ads to [http://wordpress.org/search/protect protect] users from being duped.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&amp;quot;We are committed to ensuring the safety of the Twitter community,&amp;quot; Twitter said in a statement.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&amp;quot;As such, we have added a new policy for Twitter Ads relating to cryptocurrency.&amp;quot;&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;Under the new policy, the advertisement of ICOs, or initial currency offerings, and token sales will be prohibited at the global one-to-many messaging platform.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;Some startups have used ICOs to raise billions of dollars in a highly volatile, unregulated market.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;Twitter said: &amp;quot;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.&amp;quot;&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;The value of bitcoin dropped eight percent to $7,929 after the Twitter ad ban was announced, according to market data from Bloomberg.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;The new policy leaves open the door for ads for cryptocurrency exchanges or secure &amp;quot;wallet&amp;quot; services offered by public companies listed on some major exchanges.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;Twitter plans to modify its ad policy as the digital currency market evolves and its ability to distinguish dubious marketing messages improves.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;The British government early this year called for global regulation of controversial virtual currency bitcoin, adding that the G20 would [http://www.adobe.com/cfusion/search/index.cfm?term=&amp;amp;address&amp;amp;loc=en_us&amp;amp;siteSection=home address] the topic this month.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;Bitcoin is independent of governments and banks and uses blockchain technology, where encrypted digital coins are created by supercomputers.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;The virtual currency is not regulated by any central bank but is instead overseen by a community of users who try to guard against counterfeiting.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;Virtual currency exchanges have seen tremendous volatility, and have sparked concerns they can be used to launder money for criminal networks.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;The value of Litecoin also tanked on Monday, after the Singapore-based nonprofit Litecoin foundation put out word that payments processor LitePay ceased operations.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;LitePay had asked the foundation for more funding, but was &amp;quot;unable to provide a satisfactory picture&amp;quot; of what it did with the money it had already been given, according to a release.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&amp;quot;We are greatly disheartened that this saga has ended in this way and we apologize for not doing enough due diligence that could have uncovered some of these issues earlier,&amp;quot; [https://www.electrumltcwallet.com Electrum Litecoin wallet] foundation said in the release.&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&amp;quot;We are currently working hard to tighten our due diligence practices and ensure that this does not happen again.&amp;quot;&amp;lt;br&amp;gt; &amp;lt;br&amp;gt;Litecoin was down about 10 percent to $144.05 as of mid-day.&amp;lt;br&amp;gt;&lt;/div&gt;</summary>
		<author><name>QTHNeva1883</name></author>	</entry>

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