UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO

UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO

The U.K.’s advertising authority has banned an ad for cryptocurrency floki inu (FLOKI). The authority says the ad’s “Missed Doge? Get Floki” claim “exploited consumers’ fears of missing out and trivialized investment in cryptocurrency.” The ad was also “irresponsible” and “took advantage of consumers’ inexperience or credulity,” the regulator said. Floki Ad Banned in the UK The Advertising Standards Authority (ASA), the U.K.’s regulator of advertising, published its “Ruling on Floki....


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