Federal Trade Commission

FTC Fines Credit Karma $3M for False Pre-Approvals
FTC Fines Credit Karma $3M for False Pre-Approvals
September 01, 2022  |  Legal

The Federal Trade Commission (FTC) says it has ordered personal finance company Credit Karma to pay a $3 million penalty for telling consumers they were...

READ MORE >
FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
August 26, 2022  |  Security & Fraud

The federal government’s plan to forgive some student loans isn’t up and running yet, but it’s certainly been getting a lot of coverage in the...

READ MORE >
Amazon Petitions FTC to Back Down on ‘Unduly Burdensome’ Subpoenas
Amazon Petitions FTC to Back Down on ‘Unduly Burdensome’ Subpoenas
August 16, 2022  |  Amazon

A Federal Trade Commission (FTC) probe into Amazon Prime and its other subscription services has become “unduly burdensome” to employees and executives after at least...

READ MORE >
FTC Probes $200M Bitmark Crypto Hack
FTC Probes $200M Bitmark Crypto Hack
August 11, 2022  |  Regulation

In what is its first investigation into cryptocurrency markets, the Federal Trade Commission (FTC) is looking into the Bitmark currency exchange over the December 2021...

READ MORE >
FTC Lawsuit Prompts Meta to Pause Acquisition of VR Firm Within 
FTC Lawsuit Prompts Meta to Pause Acquisition of VR Firm Within 
August 05, 2022  |  Meta

With a lawsuit from the Federal Trade Commission (FTC) hanging over its head, Facebook’s parent company Meta is pausing its planned acquisition of the virtual...

READ MORE >
FTC Takes Action Against First American’s ‘Zombie Charges’
FTC Takes Action Against First American’s ‘Zombie Charges’
July 29, 2022  |  Legal

The Federal Trade Commission has accused payment processor First American Payment Systems and two of its sales affiliates of “trapping small businesses with hidden terms,...

READ MORE >
Report: FTC Staff Objected to Chair’s Decision to Sue Meta
Report: FTC Staff Objected to Chair’s Decision to Sue Meta
July 29, 2022  |  Legal

The head of the Federal Trade Commission (FTC) reportedly led a vote to sue Meta Platforms earlier this week over the objections of the commission’s...

READ MORE >
FTC Lawsuit Shows Faith in Meta’s Trillion-Dollar Metaverse Ambitions
FTC Lawsuit Shows Faith in Meta’s Trillion-Dollar Metaverse Ambitions
July 28, 2022  |  Meta

The Federal Trade Commission (FTC) just sued to block Meta from acquiring a VR company, saying it would put the social media giant “one step...

READ MORE >
US Ramps Up Efforts to Regulate AI, Data Privacy  
US Ramps Up Efforts to Regulate AI, Data Privacy  
July 15, 2022  |  artificial intelligence

The European Union is arguably a world leader when it comes to privacy regulation, thanks to the General Data Protection Regulation (DGPR) and other initiatives...

READ MORE >