US judge denies Meta's request to dismiss Andrew Forrest lawsuit
Meta cited a part of the 1996 federal law in an attempt to evade the cryptocurrency advertising lawsuit filed by Australian billionaire Andrew Forrest. A US judge rejected Meta Platform's request to dismiss the lawsuit against Forrest, which alleged that he used deepfake images in Facebook ads to promote a cryptocurrency scam. California district judge Casey Pitts stated in a June 17th order that Forrest can proceed with the lawsuit and attempt to prove that Meta's failure to prevent fraudulent ads violated its obligation to operate in a "commercially reasonable manner." In February 22nd news, Facebook stated that it was not responsible for Andrew Forrest's cryptocurrency scam ads.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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