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How Meta enables deepfake financial scams — and EU AI Act isn't fixing it

Summary by EU Observer
Meta’s automated and human moderation systems are dysfunctional, with the company prioritising ad revenue over public safety. According to an investigation, Facebook and Instagram staff were instructed to tolerate up to 32 fraud “strikes” before acting, with enforcement against scams deliberately deprioritised to avoid losing ad revenue.

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  • 100% of the sources lean Left
100% Left
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EU Observer broke the news in Brussel, Belgium on Tuesday, July 15, 2025.
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