Pedestrians are reflected in a Commonwealth Bank logo sign outside a branch located in Sydney, Australia, August 10, 2015. REUTERS/David Gray/File Photo
Register now for FREE unlimited access to Reuters.com
April 19 (Reuters) – Commonwealth Bank of Australia (CBA.AX) warned of a fake news article doing rounds on social media platforms alleging the country’s No. 1 lender to have partnered with a cryptocurrency trading platform to encourage people to invest in crypto assets.
CBA branded the article to be “totally false and untrue” on Tuesday, adding that it had reported it to the relevant authorities and asked social media publishers, including Facebook, to take down the article.
The report comes months after Australia’s richest man and chairman of Fortescue Metals Group (FMG.AX), Andrew Forest, filed a lawsuit against Facebook-owner Meta Platforms (FB.O) alleging it breached anti-money laundering laws and used his image to promote cryptocurrency schemes.
Register now for FREE unlimited access to Reuters.com
Last month, Australia’s competition watchdog had also filed a similar lawsuit against Meta with allegations of promoting fake cryptocurrency ads featuring well-known people. read more
CBA added that it has warned Australians through its own channels not to respond to or click through to the website if they receive the alleged fake article.
It also alleged that the article was “designed to entice unsuspecting people to go to the scammer’s website and provide their personal details and money.”
Last year, CBA became Australia’s first main-street bank to offer a platform for retail customers to trade in cryptocurrencies. read more
Register now for FREE unlimited access to Reuters.com
Reporting by Indranil Sarkar in Bengaluru; Editing by Rashmi Aich
Our Standards: The Thomson Reuters Trust Principles.
Australia’s CBA rebuffs reports of partnership with crypto trading platform & More Australia Latest News Update
Australia’s CBA rebuffs reports of partnership with crypto trading platform & More Australia Live News
All this news that I have made and shared for you people, you will like it very much and in it we keep bringing topics for you people like every time so that you keep getting news information like trending topics and you It is our goal to be able to get
all kinds of news without going through us so that we can reach you the latest and best news for free so that you can move ahead further by getting the information of that news together with you. Later on, we will continue
to give information about more today world news update types of latest news through posts on our website so that you always keep moving forward in that news and whatever kind of information will be there, it will definitely be conveyed to you people.
Australia’s CBA rebuffs reports of partnership with crypto trading platform & More Australia Trending News Today
All this news that I have brought up to you or will be the most different and best news that you people are not going to get anywhere, along with the information breaking news today of this news, you can get other types of news along with your country and city. You will be able to get information related to, as well as you will be able to get information about what is going on around you through us for free
so that you can make yourself a knowledgeable by getting complete information about your country and state and information about news. Whatever is being given through us, I have tried to bring it to you through other websites, which you may like
very much and if you like all this news, then definitely around you. Along with the people of India, keep sharing such news necessary to your loved ones, let all the news influence them and they can move forward two steps further.
Credit Goes To News Website – This Original Content Owner News Website . This Is Not My Content So If You Want To Read Original Content You Can Follow Below Links