Arsenal 'cryptoassets' ads banned for taking advantage of customer inexperience

Arsenal said: "We carefully considered the communications to fans regarding our promotions and provided information regarding financial risks."

Arsenal’s website ad for fan tokens banned by the Advertising Standards Authority (ASA/PA)

Adverts by Arsenal promoting fan tokens have been banned for taking advantage of consumers’ inexperience in cryptoassets.

The Facebook and website posts included a video featuring Gunners players Ben White, Calum Chambers and Kieran Tierney and read: “Fans should be aware that they could lose some or all of their money invested. We advise you to spend only what you can afford and seek independent financial advice if required.”