So the FTC just passed some new rules about fake followers and likes for influencers. Seems like they’re really cracking down now.
New FTC Rules Targeting Fake Followers and Likes in Crypto
16 replies 303 views
Totally agree. Fake social media metrics are such a scam. It’s about time they regulate this. Real reviews should matter.
But how's the FTC even gonna enforce this? I mean, even Twitter can’t track all the fake accounts.
True, but it’s mostly about influencers buying fake engagement. If that money trail exists, they could be in trouble, right?
Yeah I guess, but proving those transactions could be tough. Plus, what if competitors decide to abuse it?
It’s a tricky situation for sure. But at least it’s a move toward a more genuine online space.
its_walletMember
Posts: 147 · Reputation: 161
#7Sep 15, 2018, 06:39 PM
I don’t know, sounds like they’ve opened a can of worms. FTC could target anyone at any time now.
wallet_vaultFull Member
Posts: 321 · Reputation: 431
#8Sep 15, 2018, 11:38 PM
Exactly! It's like they have a free pass to come after influencers whenever they want.
wallet_oracleMember
Posts: 225 · Reputation: 170
#9Sep 16, 2018, 04:35 PM
As I see it, if an influencer paid for fake likes, it’s their fault. They deserve the fine.
chris_chainMember
Posts: 52 · Reputation: 43
#10Sep 16, 2018, 10:13 PM
But there are gray areas. What if real accounts are just exchanging likes? Are they gonna get fined too?
Lol, sounds like the government needs funds. Fine them and rake in the cash.
I wouldn’t say it’s just about money. Social media has a huge impact, especially with elections coming up.
The fraud in social media is crazy! Influencers promoting scams left and right, they need to clean this up.
wallet2017Member
Posts: 111 · Reputation: 63
#14Sep 17, 2018, 03:27 PM
Most of these influencers are just lazy, that’s why they buy fake stats. What about the time before the rules kick in?
Yeah, I mean, will they just cheat while they can? Paying fines later seems way too easy.
This new rule is a solid step against manipulation in crypto. No more bot-driven hype!
ben.matrixNewbie
Posts: 3523 · Reputation: 35
#17Sep 18, 2018, 05:33 AM
You know scams are everywhere. Even with these rules, influencers will always try to game the system.