FTC

Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
May 21, 2019  |  Legal

Payment company Allied Wallet and its owner, Ahmad Khawaja, as well as two officers, Mohammad Diab and Amy Rountree, have settled with the Federal Trade...

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Facebook Could Face 20-Year Government Oversight As Part Of Settlement
Facebook Could Face 20-Year Government Oversight As Part Of Settlement
May 14, 2019  |  Facebook

Facebook could face two decades of oversight as part of an agreement with the U.S. government. According to a report in Reuters citing a source...

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FTC To Scrutinize SMB Confessions Of Judgement?
FTC To Scrutinize SMB Confessions Of Judgement?
May 13, 2019  |  Regulation

Small business lending could get a bit more scrutiny from regulators. To that end, the U.S. Federal Trade Commission (FTC) is reportedly examining small business...

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Facebook Responds To Co-founder’s Call For Breakup
Facebook Responds To Co-founder’s Call For Breakup
May 09, 2019  |  Regulation

Facebook has responded to Co-founder Chris Hughes’ New York Times op-ed piece written on Thursday (May 9) calling for the Federal Trade Commission (FTC) to...

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Facebook Co-Founder Says FTC Should Break It Up
Facebook Co-Founder Says FTC Should Break It Up
May 09, 2019  |  Facebook

Facebook Co-Founder Chris Hughes issued a scathing rebuke of Facebook CEO Mark Zuckerberg, calling on the government to break up the social media giant. In...

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Privacy Groups Accuse Amazon Of Storing Kids’ Convos
Privacy Groups Accuse Amazon Of Storing Kids’ Convos
May 09, 2019  |  Security & Fraud

A group of privacy and child advocacy groups is filing a complaint with the Federal Trade Commission (FTC) alleging that Amazon’s Echo Dot Kids devices...

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FTC Wants Tighter Small Biz Lending Scrutiny
FTC Wants Tighter Small Biz Lending Scrutiny
May 08, 2019  |  B2B Payments

The U.S. Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat...

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Bitcoin Daily: Fidelity To Offer Bitcoin Trading; Bitfinex Plans $1B Token Sale
Bitcoin Daily: Fidelity To Offer Bitcoin Trading; Bitfinex Plans $1B Token Sale
May 07, 2019  |  Bitcoin

Sources have told Bloomberg that Fidelity Investments will launch its own crypto trading platform within a few weeks. Fidelity Digital Assets was created in October,...

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Senators Oppose FTC/Facebook Settlement
Senators Oppose FTC/Facebook Settlement
May 07, 2019  |  Facebook

Two U.S. senators have spoken out against a reported settlement between the Federal Trade Commission (FTC) and Facebook related to the Cambridge Analytica scandal. In...

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