Instagram permanently bans @NFT accounts powered by Mark Cuban

According to Decrypt’s news on February 5, the @NFT account was accused of repeatedly posting sponsored content and advertising new NFT collections without disclosing the post as an advertisement. A spokesperson for Meta, the parent company of Instagram, said the account was disabled after multiple violations of our policies and will not be reinstated. Advertisements on social media must be disclosed in "plain and clear language", such as using the hashtags #ad or #supported. Additionally, MarkCuban-backed LeverageGameMedia has an @NFT account. Mark Cuban said he is only an investor and does not run the company.