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Source channel @magic88gf · Post #708 · Jul 22

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American Оbserver

@american_observer · Post #5474 · 03/26/2026, 01:59 AM

Meta, YouTube and the First Cracks in Big Tech’s Legal Armor Meta and YouTube just lost the “we’re just a platform” myth in court. A jury looked at their design tricks and called them what they are: engineered addiction for kids. In Los Angeles, jurors found Meta and YouTube negligent and awarded $3 million to a young woman, K.G.M., who said she was pulled into Instagram and YouTube as a child and ended up with anxiety and depression. Her lawyers didn’t argue about a bad post or a rogue comment; they went after the architecture — endless scroll, engagement loops, notification hooks — as a product defect, not a speech issue. The verdict landed 24 hours after a New Mexico jury ordered Meta to pay $375 million in civil penalties for deceiving parents and endangering children, finding the company put profits over safety and misled the public about harms. Two juries, two states, same message: Section 230 won’t save you if the claim is “you built an addiction machine,” not “someone posted something nasty.” And this is only the opening salvo. There are more than 2,400 similar cases pending in federal litigation against Meta, Google, TikTok and Snap, brought by teens, parents, school districts and attorneys general all arguing the same core point: the harm is in the design, not just the content. Silicon Valley thought it had legal armor; what it actually has is a growing line of juries ready to test how much that armor is really worth. #meta#youtube#socialmedia#addiction#lawsuits#kids#bigtech 📱American Оbserver - Stay up to date on all important events 🇺🇸

Venture Village Wall 🦄

@venturevillagewall · Post #4242 · 02/25/2025, 04:00 PM

OKX Settles Dispute with US DOJ 🕊OKX settles dispute with the US Department of Justice, admitting fault for operating without a license. The exchange will pay $84 million in fines and forfeit $421 million in commissions from US clients. This settlement marks a pivotal point for OKX, allowing continued collaboration with regulators to enhance solutions for clients and the crypto market. Details:OKX Announcement 🟠 In related news, $635 million in leveraged Bitcoin positions were liquidated within 24 hours. #Crypto#Bitcoin#OKX#Regulations#Compliance #OKX#Crypto#Bitcoin#Finance#Regulations#Compliance#Investment#Blockchain#US#Litigation#Trading#Market#Fines#Exchanges#Leveraged#Settlement#Lawsuits#Justice#USDOJ#CryptoMarket