The crypto-currency mania associated with the world is expanding at an incredible pace. The quick and simple way to acquire wealth is something that has always “burned” in people. Many in the crypto currencies see a way of earning, even if it is not necessary to trade them. In the last period Google’s advertising channels were flooded with ads for various crypto-currencies and trading schemes for them.
However, it turned out that a good deal of the ads actually have a bad intention, that is, they use their audience. Most often, the links that lead such ads in the background use a script that “hijacks” the visitor’s CPU. “Hijacking” is applied in order to help the so-called. digging crypto-currencies for a third party.
To stand in the path of this trend, Google decided to issue a list of warnings and instructions related to this type of fraud. Additionally, Google’s ad network removed 130 million ads that were suspected of doing this. The ban on advertising crypto-currencies and related content directly influenced their stock market price. Namely, immediately after the ban, the price of Bitcoin’s most popular crypto-currency dropped by as much as 6%.
This obstruction by Google over a million-dollar market is a logical step. If you know that the entire world of crypto-currencies is not legally regulated and is an excellent basis for fraud and crime. It is expected that a company like Google will be deterred from complicity in such a crime.