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Polish Competition Watchdog Targets Scamcoin, Not All Crypto Ads
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cryptonews.comPolish competition watchdog says it has been increasingly monitoring alternative investment ads by Polish social media influencers, recently charging a few persons with promoting Ponzi schemes - but is apparently not investigating crypto-related ads, with a few exceptions.
The information provided by the Office of Competition and Consumer Protection (UOKiK) indicates that the agency is not investigating crypto-related ads in Poland unless they advertise scamcoins, are misleading to investors, and inform them on potential risks related to such investments.
“Since the beginning of the pandemic, we have observed a rising number of various alternative investments advertised online, including on social media. Among them are […] Ponzi schemes.
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