Meta Faces $1.4 Trillion Penalty Demand From Four U.S. States Over Teen Addiction Claims
2026-07-07 08:01:03
Meta Platforms said California, Colorado, Kentucky and New Jersey are seeking $1.4 trillion in penalties over claims it built Facebook and Instagram to addict teenage users. The demand was filed ahead of a federal trial in Oakland this August, according to BeInCrypto, and Meta said the figure is unsupported by the evidence. The company said no U.S. consumer protection case has imposed a comparable sanction. The broader case involves 29 states alleging COPPA violations tied to collecting children’s data without parental consent; Judge Yvonne Gonzalez Rogers rejected Meta’s bid to cancel the trial. Meta shares closed near $600 on July 6, up almost 3%.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Multipli.fi今日关闭v1功能
