Dogecoin (CRYPTO:DOGE) creator Billy Markus, also known as "Shibetoshi Nakamoto," has voiced concern over the surge in social media advertising scams targeting cryptocurrency users.

Markus criticised the prevalence of deceptive ads, highlighting the risk of malware and fraudulent schemes that erode user trust.

His warning resonates with the crypto community, which has long faced threats from sophisticated scams and social engineering tactics.

Markus's critique underscores the need for a comprehensive approach to combat scam ads and enhance trust in the Web3 ecosystem.

Advertisers must prioritise user safety by eliminating deceptive content, while crypto influencers and project leaders play a crucial role in educating users about common scams.

Social media platforms like X are urged to invest in robust detection and prevention measures to safeguard their users from fraudulent activities.