Category: fine

Telegram to pay $18.5 million and return $1.2 billion following SEC crypto charges

Telegram’s initial bid to launch its “Gram” cryptocurrency has failed. The US Securities and Exchange Commission (SEC) announced today that in order to resolve charges of violating federal securities laws, it has ordered Telegram to return more than… Source

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Canada fines Facebook almost $6.5 million over ‘false’ data privacy claims

Facebook is coughing up for another fine. This time the social network is handing over CAD$9 million (US$6.5 million / £5.3 million) to Canada as part of a settlement over the way it handled users’ personal information between August 2012 and June 20… Source

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Apple fined $27 million for throttling old iPhones without telling users

France’s competition watchdog DGCCRF announced earlier today that Apple will pay a $27.4 million (€25 million) fine due to an iOS update that capped performance of aging devices. The company will also have to display a statement on its website for a month. A couple of years ago, Apple released…

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