Thailand Threatens Facebook Shutdown Over Crypto Scam Ads menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
More than 200,000 Thai citizens, or about 95 percent of 300,000 cases, have fallen victim to scams on Facebook, with damages worth over 10,000 million Thai baht.
A Thai Cabinet minister is threatening to try to shut down Facebook in the country, saying the social media platform does not do enough to screen the advertisements it runs, leaving people vulnerable to costly scams. Chaiwut Thanakamanusorn, Thailand's minister of Digital Economy and Society, said in a statement Monday that he is ready to go to criminal court by the end of the month arguing for Facebook to be shut down in Thailand. Reached by phone on Tuesday, Meta in Thailand asked for queries to be sent by email to its press department, which did not immediately respond to a request for comment on the minister's allegations.