According to Bloomberg, the US Federal Trade Commission (FTC) is investigating several unnamed crypto firms for deceptive or misleading crypto adadvertisin “We are investigating several firms for possible digital asset misconduct,” FTC spokeswoman Juliana Gruenwald Henderson said in a sstatement Henderson declined to elaborate on which companies are under investigation or what prompted the Commission to launch investigations. “When consumers see or hear an advertisement, whether on the Internet, radio or television, or anywhere else, federal law says that ad must be truthful, not misleading, and, when appropriate, backed by scientific evidence,” according to the FTC’s website. Furthermore, the agency enforces laws requiring truth in advertising.
