FTC Files for Injunction as IML Shuts Down
Agency worries MLM defendants are dissipating assets.
Robertson et al. v. Mark Cuban and Dallas Basketball Limited d/b/a Dallas Mavericks
22-cv-22538, S.D. Fla.
(Aug. 2022)
Voyager Digital, a cryptocurrency trading and brokerage platform
Falsely marketing the platform as “100% Commission-Free”
Falsely representing that Voyager Digital is insured by the FDIC
Failing to disclose the nature, scope, and amount of compensation that celebrities – including Mark Cuban – received in exchange for promoting Voyager Digital
Pending
Agency worries MLM defendants are dissipating assets.
Patrick Coffee, The Wall Street Journal
Web extension may be better at maxing out your credit card than the full capabilities of AI.
FTC alleged company vastly overstated the accuracy of its AI Content Detector tool.
Apple iPhone 16 users are asking Siri, where are the AI features that were touted in ads?