Almost 40% of TikTok videos about crypto investments are misleading

TikTok has developed into a centre for financial advice as its user base grows, especially in the area of cryptocurrency. But according to new studies, a lot of films spread false information or scams. In a recent study, it was shown that more than one out of three TikTok influencers posted false videos on Bitcoin and cryptocurrency investments.



37% of the videos reviewed were considered misleading because they suggested guaranteed returns or promoted certain investments without the necessary disclaimers.



Also, 47% of TikTok creators were discovered trying to sell services in order to make a profit. It has also been claimed that popular influencers including Kim Kardashian, Jake Paul, and Soulja Boy promoted cryptocurrency to their devoted followings without reporting money they received.



As TikTok becomes increasingly


First found on: https://coinatory.com/2023/04/22/almost-40-of-tiktok-videos-about-crypto-investments-are-misleading/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP