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Meta must face Australian billionaire Forrest's US lawsuit over scam Facebook crypto ads

Economic Times · 10m

A US judge has rejected Meta Platforms' attempt to dismiss a lawsuit filed by Australian mining billionaire Andrew Forrest. The lawsuit alleges that fraudulent Facebook advertisements used Forrest's name and likeness to promote fake investments. The judge ruled that Forrest can proceed with claims of negligence against Meta for allowing the ads and misappropriation of his identity. Meta had argued that it is protected from liability under Section 230 of the federal Communications Decency Act, but the judge disagreed, stating that there is a dispute over whether Meta's ad systems contributed to the content of the ads. Forrest is seeking compensatory and punitive damages.