has slammed eight popular social media and video streaming platforms as 'goldmines for scammers,' as they launch a probe into how they scrutinize deceptive advertising., , YouTube, , Snap, Twitter, Pinterest, and Twitch are being asked by the FTC to provide information on how restrict paid commercial advertising that is deceptive or exposes consumers to fraudulent health-care products, financial scams, counterfeit and fake goods, or other fraud is examined.Consumers have reporter losing more than $1.2 billion to fraud that started on social media in 2022 more than any other contact method according to new data.
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