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Category FTC

Judge halts FTC inquiry tied to X advertising backlash

Judge halts FTC inquiry tied to X advertising backlash

A federal judge has paused the Federal Trade Commission’s inquiry into Media Matters, issuing a temporary order that prevents the agency from proce...
Man gets 97 months in prison for running a $40M crypto Ponzi scheme

Man gets 97 months in prison for running a $40M crypto Ponzi scheme

Brooklyn federal court sentenced Dwayne Golden to 97 months for running a $40 million Ponzi scheme dressed up as a digital asset investment empire.
Walmart Ordered To Pay $10,000,000 After Retail Giant Allegedly ‘Turned a Blind Eye’ to Scammers Exploiting Customers

Walmart Ordered To Pay $10,000,000 After Retail Giant Allegedly ‘Turned a Blind Eye’ to Scammers Exploiting Customers

The world’s largest retailer is set to pay $10 million to settle a lawsuit filed by the Federal Trade Commission (FTC). In June 2022, the FTC filed...
WhatsApp will finally get ads on the platform, 11 years after Meta acquired it

WhatsApp will finally get ads on the platform, 11 years after Meta acquired it

Meta is finally bringing ads to WhatsApp, 11 years after the social media giant acquired the platform, whose founders avoided advertising. The mess...
Celsius founder may serve 20 years as DOJ slams ‘deliberate’ $7B fraud

Celsius founder may serve 20 years as DOJ slams ‘deliberate’ $7B fraud

The former CEO of the collapsed cryptocurrency company Celsius Network, may face up to 20 years in prison if the U.S. Department of Justice’s sente...