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U.S. Regulators Eye ‘Record’ Facebook Fine For Privacy Violations

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Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook , a punishment that could be sizable in scope and which comes in the wake of privacy violations. The government shutdown currently underway has meant that regulators have not as of yet responded to the Friday reports.

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Consumer Watchdog Wants More Than Regulation For Facebook

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Consumer Watchdog pointed out that Facebook’s latest breach violates its 2011 consent decree with the FTC, adding that the social media giant should be fined. Consumer Watchdog pointed out that Facebook’s latest breach violates its 2011 consent decree with the FTC, adding that the social media giant should be fined.

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With Terrorists And Scammers Lurking, Is A Crypto Storm Looming?

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Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S. In the report from the U.S. The DOJ report stands as only the latest of warnings over the risks tied to cryptos.

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New York Grand Jury Looking Into Facebook’s Data Sharing Agreements

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In a statement to the paper, the social media giant said it’s cooperating with investigators. The Federal Trade Commission and Securities and Exchange Commission are scrutinizing Facebook, as is the Department of Justice’s securities fraud unit. Privacy advocates contend it does.

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Facebook Touts Payments and Privacy with Q1 Results

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The federal agency has accused the social media platform of violating a privacy consent decree from 2011. The FTC could also subject the social media giant to tougher checkups to prove it is complying with the settlement. So far, the largest fine the agency has imposed on a tech company was the $22.5 Privacy Push.

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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch

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Founded in 2011 by Harald Seiz, the firm offered online purchases of “cryptonyzed gold” tokens, offering customers a commission to sign up other “affiliates.” But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license.

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Sizzle Or Fizzle: Bitcoin Busts, Payments Get Faster And The Eyes Have It

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Today, the country’s coffers have about ~$12B in reserves, down from $30B since 2011. Wallet holders took to social media to complain of their accounts being drained and ask a multitude of questions about the security and safety of other exchanges. But those wallets and the exchanges? .

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