Luno Bitcoin Ad Took Advantage Of Consumers ‘Lack Of Experience’ – ASA Ruling

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“Companies which offer crypto-assets with lofty promises to investors are coming under intense scrutiny, with regulators becoming increasingly concerned about the risks that these types of investment can pose to consumers. Q1 2021 hedge fund letters, conferences and more Complaint Against The Luno Cryptocurrency PlatformThe advertising standards authority has upheld a complaint against the Luno cryptocurrency platform for failing to illustrate the risks of investing in Bitcoin on its posters. It said it took advantage of consumers’ lack of experience, implying that investing in it was straight…

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