Crypto misleading ads must stop

Crypto is so volatile, how can one claim it to be 'safe' in this attached ad? Over funded startups should find a responsible way of spending money, educate the consumers with as much disclosures as possible..don't Mislead them and where is consumers affairs department on this? more  

via_LocalCircles_5FD420B4-2CDD-4B86-B142-45F75E21DCC6___20211024073303___.jpeg
View all 7 comments Below 7 comments
The currency of such ads in print and social media is highly confusing. more  
I understand that CRYPTO CURRENCIES like Bitcoin, CoinDCX and many others are not legal in India. Even the ads admit this. I fail to understand how GOI Ministries like Consumer Affairs, Law and I&B etc are silent about advertisements of illegal products in print and electronic media. Unsuspecting and gullible public is being fooled by unverifiable claims stated in advertisements about products of companies launched by master schemers and fraudsters. Remember green plantations products some decades ago, which were showing endorsements by leading cricketers and were banned by Supreme court. But by then, fraudsters had managed to fleece many. more  
In yesterdays prestigious newspaper this ad appeared. On seeing it my first impression was - is Crypto currency a legal tender now in India? Is it safe. Do neither the newspaper nor finance ministry has any responsibility? more  
Government should bank cripto currency without any delay. more  
Fully agree. It is very misleading, irresponsible and misguiding the gullible common man / vulnerable investors. Request advertising council should take notice of this and ban the add with immediate effect. In recent past itself how the crypto nose dived all over is well known to many of us. more  
Post a Comment

Related Posts

    • CNG rates

      The cost of one Kg CNG in Delhi in June 2010 was Rs 21.90. Today (May 15, 2022) one Kg CNG costs Rs 73.61 in the national capital. 240% increase in 12 years inflation of 12 years was ...

      By Radha Kadam
      /
    • Spicejet should be shut

      new rule of SpiceJet. If you wish to get a boarding card at the check in counter,you need to pay extra. This is like telling a customer In a restaurant that if you want eat in a plate, you will be ...

      By Naina Mittal
      /
    • Common consumer under distress

      The atta for your chapattis, the oil for your cooking, the salt for seasoning, the milk for your chai—a number of items of daily use saw prices rise further in April, with some costing the mo...

      By Ajay Dutta
      /
    • No targeting of children under 16 through ads

      Everyone do vote on this survey if you havent already. I do however think that this should be for all products and not just food products. So many health supplements, education classes etc is being...

      By Garima Sharma
      /
    • Is ola electric scooters a time bomb

      Ola electric scooters is a big NO, like a real big no. They are burning up reversing while accelerating and many disasters have taken place already, like 1500+ Of them have had issues and probably ...

      By SN Mittal
      /
    • Congratulations Amod ji

      As Akshay Kumar has acknowledged the public displeasure on vimal and and will be donating proceeds tl good cause and not take up such ads. Congratulations to people like you who dont hes...

      By Meeta Sinha
      /
    • अभिनेता कर रहे देश बर्बाद

      अक्षय कुमार ने भी दिल पर पत्थर रखकर फैसला किया है, वो भी लोगों को अपने मुंह में विमल पाउच खाली करने के लिए प्रेरित करेंगे ताकि भारतीयों के शरीर में हो रही केसर की कमी के प्रति उन्हें जागरूक किया जा...

      By Amod Agarwal
      /
    • Reliance brands are sad at packing

      Look attached package received from AJIO a reliance company. Box all broken now how do we gift it to a 18 year old sons friend. Same thing with jio mart orders. Just terrible quality pr...

      By Amod Agarwal
      /
    • Do not put money in Pay TM wallet

      Unless you want your money stuck. My mother has money in her wallet that she can’t use. It wont let her use money without doing KYC and it wont do KYC because RBI has put a ban. It...

      By Amit Mishra
      /
    • Action against BJP nutrition bar

      Please see attached someone misusing Modiji and BJP name to sell a nutrition bar. LocalCircles may pls get sarkar to take action against these crooks under emblems act.

      By Dinesh Shah
      /
    • RO needs to be replaced

      A drawback of using RO water purifiers is excessive wastage of water. An average RO purifier wastes approximately 3 litres of water for every 1 litre of purified water.With every house having an RO...

      By Kapil Rao
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)