Meta to Pay Up to $16.68 Billion to Settle Teen Harm Case With States
MT newswire2026/08/26 13:35Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
09:35 AM EDT, 08/26/2026 (MT Newswires) -- Meta Platforms (META) has agreed to pay a maximum of $16.68 billion to resolve the claims brought by several US states that the tech giant used its platforms to "ensnare" youth and teens, according to a filing in federal court. The injunctive relief within the consent judgement requires "(1) default daily limits and nighttime blocks for teenage users of Meta's Social Media Platforms; (2) enhanced age assurance measures to prevent children from accessing the Platforms, or age-restricted content available on the Platforms; (3) establishment of additional tools to help parents and guardians to protect their children online; and (4) Meta to make payments to Plaintiffs as provided therein," the filing said. Meta didn't immediately reply to a request for comment from MT Newswires.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!