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Facebook says that it has banned $60 billion worth of fraudulent accounts from its platform.
The social network has shut down more than a million accounts since September 2016, when it released a new security feature that would require a user to register and login before they could see any of their friends or contacts’ posts.
However, the move did not stop users from sharing and selling items and sharing content with friends and family.
Facebook CEO Mark Zuckerberg has since defended the decision saying it was necessary because of “an epidemic of fake accounts that spread malicious misinformation and encouraged others to engage in criminal activity.”
“These accounts may have been created as a way to mislead and mislead people, but we believe that the risks of this behavior are real,” Zuckerberg wrote in a post on Facebook’s official news feed.
“We’ve taken action to address these issues.”
A Facebook spokesperson declined to comment further.
A Facebook representative also declined to answer any questions on the new policy, but said that it was “part of a much broader effort to make our products more robust and secure,” according to The Verge.
Zuckerberg also said that Facebook is now using a new feature to track the activity of users in a “shared” account.
“If someone has shared more than 100 items in the last month, then they will now be tracked,” the spokesperson said.
“Once a user has shared one item, it will show up in their shared timeline.”
A number of the affected accounts were previously reported to be running adware and other malicious software, but Facebook is not yet labeling these as fraudulent accounts, according to the Verge.