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US lawmakers call on Mark Zuckerberg to address ‘breeding ground’ for crypto scams: Report By Cointelegraph



US lawmakers call on Mark Zuckerberg to address ‘breeding ground’ for crypto scams: Report

A group of Democrats from the United States Senate has reportedly asked Meta CEO Mark Zuckerberg to provide details on the social media giant’s policies addressing cryptocurrency fraud.

According to a Friday report from the Washington Post, Senators Robert Menendez, Sherrod Brown, Elizabeth Warren, Dianne Feinstein, Bernie Sanders and Cory Booker called on Zuckerberg for the actions the company may take to detect crypto scams, to coordinate with law enforcement and to assist victims of fraud. Meta currently controls Facebook (NASDAQ:), WhatsApp, Messenger and Instagram.