Thailand’s digital ministry said it plans to take legal action against Meta’s Facebook for alleged cryptocurrency scam ads on the platform unless the social media giant actively tackles the issue.
In a statement released Monday, the Ministry of Digital Economy and Society said that it plans to ask a local court to shut down Facebook in the country at the end of this month unless the company takes a more active approach to taking down advertisements allegedly related to scams — some involving crypto.
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Crypto scams stand as the black sheep in the cryptocurrency realm, though as you and I are aware, scams have plagued humanity since time immemorial. It's just that certain swindlers have adapted their tactics to exploit some unsuspecting souls within the crypto sphere.
In my view, fiat money is a scam as well, yet it appears that Thailand is contemplating legal action against Facebook due to the existence of scams on their platform. While I do not endorse scams or scammers, I find this approach unproductive.
It's akin to banning all driving because a fraction of drivers choose to operate vehicles while intoxicated or under the influence. We should address matters on a case-by-case basis instead of following the herd mentality. When there's an issue within a community, solutions other than outright bans should be explored.
Such problems can be rectified without resorting to bans. On Hive, we've witnessed numerous phishing accounts attempting, and at times succeeding, in scamming users. However, none of these wrongdoers were banned from Hive. It's worth noting that banning isn't even an option on Hive, given the absence of a CEO for this blockchain.
I've personally encountered a scammer as well. My Metamask account was hacked, though fortunately, I didn't have any assets stored in it. If memory serves me right, 
Blanket app bans due to the misconduct of some members isn't a stance I endorse. While I'm not a fan of Facebook, I strongly disagree with such an approach. Before concluding this post, allow me to share my hacking encounter.
A while back, when I was delving into STEPN, a move-to-earn application, I found myself on their official Telegram channel. Supposedly, I needed an access code from there. While awaiting the code and attempting various combinations to gain access, I received a private message from someone who purported to be an official from STEPN.
This individual seemed genuinely helpful, and before I realized it, I'd handed over my keys from my Metamask wallet. Fortunately, no assets were present in it, and I quickly recognized that I'd been hacked. Consequently, I uninstalled the wallet and have abstained from using it since. Even after years immersed in the realm of crypto, I still managed to blunder.
Perhaps learning comes best from direct experience, hitting the wall and discovering a way around, rather than attempting to break it with our heads. How about you? Have you ever been a victim of a scam or hack in the crypto world? Care to share your story?
Thanks for your attention,
Adrian