Federal Trade Commission

Disclose your connections when endorsing NFTs, consumer group tells Mayweather, Paris Hilton and other celebs
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13 August, 2022

Disclose your connections when endorsing NFTs, consumer group tells Mayweather, Paris Hilton and other celebs

TINA.org warned celebrities endorsing NFTs without disclosing their connections and material gains from these projects that they are breaking FTC...
Meta’s profit slides due to big bet on proprietary metaverse
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29 July, 2022

Meta’s profit slides due to big bet on proprietary metaverse

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...
The CoinGeek Pulse Episode 90: ‘Crypto’ scams net $1B, Binance probed and global industry updates
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10 June, 2022

The CoinGeek Pulse Episode 90: ‘Crypto’ scams net $1B, Binance probed and global industry updates

The U.S. Federal Trade Commission released a report detailing about 46,000 people with over a median of $2,600 individual loss—this...
FTC: Digital asset scammers have made off with $1 billion since 2021
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10 June, 2022

FTC: Digital asset scammers have made off with $1 billion since 2021

Scammers have defrauded over 46,000 people, with the median amount lost being $2,600, as bogus investment scams accounted for over...
Twitter agrees to $150M settlement with DOJ and FTC over privacy breach
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30 May, 2022

Twitter agrees to $150M settlement with DOJ and FTC over privacy breach

The U.S. federal agencies alleged that the popular social media platform violated the FTC Act by deceiving users about the...
Digital currency ATMs being used for drugs and human trafficking: GAO
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18 January, 2022

Digital currency ATMs being used for drugs and human trafficking: GAO

U.S. Government Accountability Office said that since digital currency ATMs are not as strictly regulated, they can allow human traffickers...
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