Martin Lewis believes fraudulent ads on Facebook (NASDAQ:) drew inveterate investors into shady Bitcoin-related schemes, destroying savings and lives. The personal finance expert, known for his MoneySavingExpert.com service, is suing Facebook for allowing the misleading apps.
Facebook discontinued crypto-related apps, but by that time, the damage had been done.
“The impact on peoples mental health of losing their retirement funds, or losing their children’s, children’s money that they thought they were investing is catastrophic and life-destructive,” said Lewis, quoted by
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