I’ve had ads for drugs, cloned credit cards and devices for stealing cars with keyless entry all in the last month on a major social network.
Reported, but they don’t seem to care.
I don’t know if your experience was on a Meta property, but it is interesting to think about the amount of blowback Twitter/X has received from advertisers who supposedly don’t want their ads shown next to unpalatable user generated content. But unpalatable ads next to a users posts? Sorry, no discussion about it and no recourse. Just another effect of being the product when using a free service I guess.