British watchdog censures soccer club Arsenal over crypto toke | 🛡Crypto Avengers Announcements
British watchdog censures soccer club Arsenal over crypto token ads
The watchdog said the ads asking Arsenal fans to buy tokens did not specify that they were crypto assets.
A UK watchdog has ruled that two ads by English football club Arsenal promoting the sale of crypto-based fan tokens were against advertising rules in the country.
The value of many fan tokens has dropped since they were first launched, with Manchester City and Lazio tokens dropping by up to 70pc, according to crypto analysts Protos.
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