New FTC Rules Targeting Fake Followers and Likes in Crypto

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planktonHero Member
Posts: 1284 · Reputation: 2049
#1Sep 11, 2018, 06:10 AM
So the FTC just passed some new rules about fake followers and likes for influencers. Seems like they’re really cracking down now.
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lynx1337Newbie
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#2Sep 12, 2018, 09:12 AM
Totally agree. Fake social media metrics are such a scam. It’s about time they regulate this. Real reviews should matter.
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planktonHero Member
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#3Sep 12, 2018, 06:06 PM
But how's the FTC even gonna enforce this? I mean, even Twitter can’t track all the fake accounts.
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0xBearFull Member
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#4Sep 13, 2018, 12:17 AM
True, but it’s mostly about influencers buying fake engagement. If that money trail exists, they could be in trouble, right?
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lynx1337Newbie
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#5Sep 15, 2018, 08:43 AM
Yeah I guess, but proving those transactions could be tough. Plus, what if competitors decide to abuse it?
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leo_alphaFull Member
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#6Sep 15, 2018, 02:18 PM
It’s a tricky situation for sure. But at least it’s a move toward a more genuine online space.
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#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.
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wallet_vaultFull Member
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#8Sep 15, 2018, 11:38 PM
Exactly! It's like they have a free pass to come after influencers whenever they want.
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#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.
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#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?
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the_satNewbie
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#11Sep 16, 2018, 10:57 PM
Lol, sounds like the government needs funds. Fine them and rake in the cash.
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CryptoBitNewbie
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#12Sep 17, 2018, 12:15 AM
I wouldn’t say it’s just about money. Social media has a huge impact, especially with elections coming up.
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lynx1337Newbie
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#13Sep 17, 2018, 01:57 PM
The fraud in social media is crazy! Influencers promoting scams left and right, they need to clean this up.
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#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?
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nickbullMember
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#15Sep 17, 2018, 09:41 PM
Yeah, I mean, will they just cheat while they can? Paying fines later seems way too easy.
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chris2020Newbie
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#16Sep 17, 2018, 11:16 PM
This new rule is a solid step against manipulation in crypto. No more bot-driven hype!
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#17Sep 18, 2018, 05:33 AM
You know scams are everywhere. Even with these rules, influencers will always try to game the system.
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