A stern warning has been issued by Thailand to Facebook concerning crypto scams and deceptive advertisements. The country's digital minister has declared his intention to pursue a court-issued order for the closure of Facebook within the nation, unless the platform takes decisive action against the purported scams.

Thailand is currently in the process of considering a court-authorized order to suspend Facebook's operations within its borders.

The scammers' arsenal includes tactics that revolve around crypto investment and trading schemes, as highlighted by MDES. These fraudulent ads have even resorted to leveraging images of renowned celebrities and well-established financial personalities. Their enticement tactics involve alluring promises of daily returns of up to 30%.

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