{"id":14529,"date":"2021-11-20T06:54:09","date_gmt":"2021-11-20T06:54:09","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/floki-inu-cryptocurrency-ads-under-investigation-in-uk\/"},"modified":"2021-11-20T06:54:09","modified_gmt":"2021-11-20T06:54:09","slug":"floki-inu-cryptocurrency-ads-under-investigation-in-uk","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/floki-inu-cryptocurrency-ads-under-investigation-in-uk\/","title":{"rendered":"Floki Inu Cryptocurrency Ads Under Investigation in UK"},"content":{"rendered":"

The U.K.\u2019s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (FLOKI). The ads, titled \u201cMissed Doge? Get Floki,\u201d have appeared on London buses and the underground. The team behind the floki inu ad campaign says the advertisements are \u201clegally cleared,\u201d and the advertising authority\u2019s action is \u201can attack against cryptocurrency and against the people\u2019s freedom of choice \u2014 a clear attempt at censorship.\u201d<\/strong><\/p>\n

UK\u2019s Advertising Authority Investigating Ads for Floki Inu Cryptocurrency<\/h2>\n

The Advertising Standards Authority (ASA), the U.K.\u2019s regulator of advertising, is investigating advertisements placed on public transport in London for the cryptocurrency floki inu (FLOKI).<\/p>\n

Floki inu is the cryptocurrency named after Tesla CEO Elon Musk\u2019s shiba inu dog. Musk has been called the Dogefather for his support of the meme cryptocurrency dogecoin (DOGE). He tweeted on June 25, \u201cMy shiba inu will be named Floki.\u201d The Tesla boss followed up with a tweet on Sept. 12 stating, \u201cFloki has arrived.\u201d FLOKI has both an ERC20 token and a BEP20 token.<\/p>\n

The floki inu ads have been seen on London buses and in underground stations. The ads feature \u201cMissed Doge? Get Floki\u201d in big, bold writing.<\/p>\n

The team behind the floki inu crypto ad campaign said the advertisements were \u201clegally cleared.\u201d They told the BBC:<\/p>\n

These ads also include a clear disclaimer highlighting the volatility of cryptocurrencies.<\/p>\n

While Transport for London (TFL), the capital\u2019s transport operator, said that there have not been widespread complaints from the public about cryptocurrency advertisements, some politicians in the U.K. have expressed concerns that the TFL should not have approved the ads for floki inu.<\/p>\n

The mayor of London\u2019s office said, \u201cTFL is writing to the ASA and Financial Conduct Authority (FCA) to ask for their views on the concerns being raised.\u201d Green Party London Assembly member Sian Berry told the Guardian:<\/p>\n

This should have raised a red flag, and someone at TFL should have looked at this before it was approved.<\/p>\n

The team behind the floki inu ad campaign told the BBC in an email:<\/p>\n

The attack against these ads by a certain political party is an attack against cryptocurrency and against the people\u2019s freedom of choice \u2014 a clear attempt at censorship.<\/p>\n

Over the summer, the ASA banned an ad campaign for the cryptocurrency exchange Luno, which ran on TFL. The ad stated that \u201cIt\u2019s time to buy\u201d bitcoin.<\/p>\n

In a statement to the BBC, the ASA said it was looking at different cryptocurrency advertisements, including those for floki inu, across \u201cvarious media spaces,\u201d not just TFL. \u201cWe\u2019ll be assessing whether these ads break our rules and using our findings to inform our regulation in this area, including any follow-up enforcement action,\u201d the authority described.<\/p>\n

What do you think about the investigation into the ads for cryptocurrency floki inu (FLOKI)? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nAltcoins, asa, floki, floki inu, floki inu ads, floki inu advertisements, floki inu adverts, london buses, london underground<\/p>\n","protected":false},"excerpt":{"rendered":"

The U.K.\u2019s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (FLOKI). The ads, titled \u201cMissed Doge? Get Floki,\u201d have appeared on London buses and the underground. The team behind the floki inu ad campaign says the advertisements are \u201clegally cleared,\u201d and the advertising authority\u2019s action is \u201can attack against cryptocurrency…<\/p>\n","protected":false},"author":0,"featured_media":14530,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-14529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14529"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=14529"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/14530"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=14529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=14529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=14529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}