Reality TV’s Big Brother Creator Targets Facebook for Fake Bitcoin Ads

By CCN: John de Mol, who is behind the reality television hit show “Big Brother,” blames Facebook for scammers using his likeness on fraudulent bitcoin-fueled ads that stole nearly $2 million from investors. De Mol, who according to Forbes is worth $1.7 billion, has reportedly filed a complaint in an Amsterdam court against the social media giant for not doing more to prevent the alleged crypto frauds. The ads, which reportedly lured investors to buy bitcoin or engage in crypto-related endeavors that they claimed de Mol had a hand in, are now gone.

If you don’t think you know Dutch media mogul, think again. De Mol’s former companies Endemol and Talpa Media are behind great reality TV programming such as “The Voice,” “Fear Factor,” “Deal or No Deal,” and of course, “Big Brother.”

Facebook is in the midst of launching its own payment cryptocurrency, GlobalCoin, and recently relaxed its standards for crypto ads. The social media giant faces a slippery slope now that it wants to participate in a space whose regulation has yet to be formalized while simultaneously protecting its users from the bad actors. CCN came across a review for a Bitcoin-based trading system that features de Mol (which we purposely chose not to include) riddled with a money-back promise and other pie-in-the-sky claims.

Facebook Dropped the Ball

The reality television phenom’s issues with Facebook are twofold: he believes the company could have stopped the bitcoin ads from appearing in the first place and they dropped the ball after he reported the problem. Reports reveal that “fake and fraudulent” ads appeared on both Facebook and…

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