News list for " supervisory board"

Meta's supervisory board orders removal of Ronaldo AI fake video ads

According to Decrypt, Meta's supervisory board on Thursday ordered the removal of an AI-faked video ad featuring Brazilian football legend Ronaldo that misled customers into engaging in an online game called Plinko and making false revenue promises. The board criticized Meta for failing to strictly enforce its anti-fraud policy, noting that despite the video being reported and viewed 600,000, it was not dealt with in a timely manner. The incident highlights the platform's poor control of celebri...

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2025-06-06 03:40:00
President of the Korean Financial Supervisory Service: Will adopt a zero-tolerance policy for improper crypto transactions and actively discuss second-phase legislation

Lee Bok-hyun, chairperson of South Korea's Financial Supervisory Service (FSS), said at a meeting with cryptocurrency industry leaders: "We will closely monitor sudden fluctuations in the price of newly launched tokens or unconfirmed rumors...

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2024-09-26 07:51:52
South Korean cryptocurrency exchange Bithumb changes compliance officer

The compliance officer of South Korean cryptocurrency exchange Bithumb tendered his resignation on the eve of a routine inspection by the Financial Supervisory Service and was replaced on September 20. It is reported that the former compliance officer and vice president tendered his resignation in early September due to personal reasons. Bithumb has appointed a new compliance officer on the 20th. Bithumb is currently preparing to undergo a qualification renewal of Virtual Asset Service Provider ...

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2024-09-23 12:09:27
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