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EU consumer groups accuse Google, Meta and TikTok of letting scam ads slip through
May 22, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan
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On Thursday BEUC and 29 member consumer groups from 27 countries filed complaints against Alphabet’s Google, Meta Platforms and TikTok alleging they still allow financial scam ads to reach users and the case has been escalated at the European level. The action highlights crypto and DeFi scam and security risks from ad platforms and could prompt regulatory pressure, tighter ad policies and harm market trust and adoption of crypto services.
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European consumer groups have filed complaints against Alphabet’s Google (GOOGL), Meta Platforms (META), and TikTok, saying the companies are still letting financial scam ads reach users. The complaints were filed on Thursday by the European Consumer Organisation, known as BEUC, and 29 member groups from 27 countries. The case has been sent to the European...
