08:19 AM EDT, 07/31/2024 (MT Newswires) -- Meta Platforms ( META ) is continuing to run hundreds of ads on Facebook and Instagram that steer users to online marketplaces to buy illegal drugs, collecting revenue from a practice that violates its policy, The Wall Street Journal reported Wednesday.

The tech giant was running ads marketing cocaine and prescription opioids as recently as Friday, months after the WSJ first reported that it was facing a federal investigation over the practice.

Meta did not immediately respond to an MT Newswires request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 463.97, Change: +0.78, Percent Change: +0.17