NFT Collection The Superlative Secret Society Price, Stats, and Review
Urgent Plea to Trump and Harris: Create Welcoming Crypto Policy to Keep US on Top
What happened in crypto this week?
Cardano Founder Slams Meme Coins As ‘Worthless’, Warns Speculators
Coinbase Is Embarrassing Itself By Not Buying Bitcoin
XRP Ledger (XRPL) Transaction Type Changing, Here’s Why It Matters
Republican Sweep? What Prediction Markets Are Forecasting for Election Day
Investing $400 in These 4 Altcoins Could Create a $1.4 Million Portfolio by 2025
Missed the $1,000 to $1M Shiba Inu (SHIB) Opportunity? These 5 SHIB Alternatives Could Be Your Next Chance
Think You Know JasmyCoin, XYZVerse, and XRP? Here’s Why They Could Be Worth Much More
Layer-1 Altcoin KAIA Stumbles Following New Surprise Binance Listing
Missed the DOGE and SHIB Boom? These Meme Coins Could Be 2025’s Next Millionaire Makers
Wall Street Titan Transitions to Crypto: Discover His First 3 Game-Changing Investments
Didn't Catch Shiba Inu's Rally? Experts Say These 3 Altcoins Are Poised for Growth
Shiba Inu Shytoshi Kusama Requests Vitalik Buterin Meeting To Promote SHIB
BNB Price Analysis Post-29th Quarterly Burn; Is $800 Within Reach?
Maximize Short-Term Profits: Why Dogen Outperforms Pepe and Dogecoin
Predicted 200x Returns: Buy These RWA Tokens Before the Holiday Bull Run Hits
How to Turn $1,000 Into $1,000,000 by 2025 With These 5 Altcoins
Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners
Ethereum Futures signal bullish shift despite price drop – What’s next for ETH?
SEC Takes Aim At IMX: Immutable Faces Potential Lawsuit Over Token Sales
Craig Wright Faces Contempt Charges After Suing Block
Google Profits off Impersonations of Banned Cryptocurrency Celebs and Companies
Cryptocurrency companies are banned on Google but the platform is allowing phishing sites to impersonate them. London-based bitcoin exchange Coin Corner showed that a fraudulent site mimicking it is allowed on Google’s advertising platform though its own evidence-backed appeals of legitimacy to Google Ads have been constantly ignored.
Coin Corner marketing manager Molly Spiers says the policy is exposing customers to fraud. “So @GoogleAds won’t allow @CoinCorner – a long-standing, legitimate business – on their platform, but will allow phishing companies? Pay attention @Google!” she tweeted on April 30.
Spiers shared a screenshot showing a Google advert that promotes www.coincornerr.com, an apparent phishing site that impersonates the Coin Corner website. The acceptance of the scam site by Google Ads enables it to come up higher on Google Search. She points out:
With Google’s stance on #Bitcoin and #cryptocurrency advertising, any adverts that contain crypto-related keywords are going to be automatically disapproved, so it looks like they have copied our text but removed all references to bitcoin in order to get around Google’s algorithms.
In 2018, Google banned cryptocurrency ads supposedly to protect users from scams but partially lifted the ban to allow regulated exchanges in the U.S and Japan to advertise. The continuing embargo on crypto companies outside the exempted territories, however, is not serving its purpose as phishing sites are allowed while appeals from regulated companies are disregarded.
Coin Corner has been in business for six years and is registered with the British authority, the exchange’s CEO, Danny Scott, commented in Spiers’ thread. The company has contacted Google a number of times to ask for exemption in the UK to no avail.
Scott said Coin Corner reported the scam site to Google but it has not been removed from search results. Google has previously continued to run adverts from phishing sites even after they are exposed.
In a related episode of policy inconsistency, Google’s sister platform, Youtube, recently took down Ripple CTO David Schwartz’s videos, claiming that they are impersonations. You Tube is currently facing a Ripple lawsuit for not doing enough to protect users from giveaway scams.
The Alphabet-owned platforms need to update their policies and technologies to stop promoting fraudulent initiatives while censoring legitimate businesses and exposing consumers to scams.
What do you think about Google’s practices? Let us know in the comments section below.
The post Google Profits off Impersonations of Banned Cryptocurrency Celebs and Companies appeared first on Bitcoin News.