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The Financial Conduct Authority (FCA) has urged Facebook to take action on scam investment adverts following a rise in fraud attacks on social media platforms. Nikhil Rathi, chief executive of the FCA, listed Facebook’s owner Meta and Twitter as companies that must accelerate their crackdown o

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Cryptocurrency executive Sina Estavi has bought the first-ever tweet at an auction for $2.9 million.  Mr Estavi, who is the chief executive of Bridge Oracle, described the tweet as “like the Mona Lisa painting.”

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