FTC Announces New ‘Click to Cancel’ Provision for Subscriptions
TINA.org supported effort and applauds updated rule.
CoinTerra’s Bitcoin Mining Machine
May 2015: This case was administratively closed.
January 2015: This action was automatically stayed after Cointerra filed for bankruptcy.
April 2014: A class-action lawsuit was filed against CoinTerra, Inc. alleging that, among other things, the company falsely advertises the computing speed of the company’s Bitcoin mining computer hardware and software called the “TerraMiner IV.” Specifically, the company allegedly represents that the TerraMiner IV operates at a speed of 2 terrahashes per second while consuming a relatively low wattage of power when, according to the complaint, the product operates 20% slower and consumes 20% more power than advertised. (Cline et al v. CoinTerra, Inc., Case No. 14-cv-02000, N.D. Cal.)
For more information about other class-action lawsuits against technology and TINA.org’s coverage of the issue, click here.
The Latest
Deeps Sleep Patches
Are these sleep patches everything you dream of?
Pacagen
Will this cat company give you the purrfect allergy relief?
Billionaire Casino
Regulator finds TikTok ads misled consumers into thinking they could win real-world prizes.
TINA.org Files FTC & FDA Complaints Against Menopause Supplement Brands
An investigation into the menopause supplement industry by consumer advocacy organization truthinadvertising.org (TINA.org) has revealed a hotbed of deceptive advertising. The ad watchdog has amassed nearly 2,000 examples of problematic health…