Jessica and Eve Gale crypto

Love Island Stars Warned Due to False Crypto Advertising

08.09.2022 09:42
by Sviatoslav Pinchuk
1 min read

Stars of the UK’s reality show Love Island, Jessica and Eve Gale, have received a warning from the national Advertising Standards Authority (ASA). The twins, who are also social media influencers, have promoted crypto on their Instagram accounts in an irresponsible way.

First, in June, Jessica Gale presented crypto as being a rather undemanding and quick way of making a profit. Following that, both twins advertised a certain crypto-related account and encouraged 1.7 million of their followers to go and earn that “easy” crypto money.

Last month, the UK’s Financial Conduct Authority announced that it is preparing the rules on how to regulate crypto marketing. Luckily, even without the regulatory framework in place, ASA was ready to step in and stop the Love Island stars’ potentially devastating false advertising.

Following this warning, the twins will be fined should they keep misleading the audience.

Author

  • Man who simply bought some BTC for domestic needs in 2014 and then forgot about it till 2017. The dude who got Etherium in 2017 by misclick and sold it in 2018 "just to try". Lost 1 Florida house in XEM in 2018, Sviatoslav finally decided to trade reasonably and now he is one of the most analytical and data-driven trader in Crypto Industry. Has Bachelor Degree of Chinese Interpreter and deep practical experience in competitive niches SEO.

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