Crypto M - Crypto News
2.55K subscribers
15.9K photos
190 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Meta Fined $15.67 Million For Unauthorized Data Collection In South Korea

According to Odaily, the South Korean Personal Information Protection Commission announced on Tuesday that Meta Platforms has been fined 21.62 billion Korean won (approximately $15.67 million) for collecting sensitive user data without legal grounds and providing it to advertisers. The commission revealed that Meta gathered information on around 980,000 South Korean Facebook users, including details about their religion, political views, and sexual orientation, without obtaining user consent. This data was subsequently utilized by approximately 4,000 advertisers.

The commission stated, "We found that Meta analyzed user behavior data, such as the pages they liked on Facebook and the ads they clicked on, and created and managed advertising themes related to sensitive information." This action by Meta has raised significant concerns regarding user privacy and data protection, highlighting the ongoing global debate over the ethical handling of personal information by tech giants. The fine imposed on Meta underscores the importance of adhering to data protection regulations and obtaining explicit user consent before collecting and using sensitive information.

This development is part of a broader scrutiny of major technology companies and their data practices, as governments worldwide seek to enforce stricter privacy laws to protect citizens' personal information. The South Korean commission's decision reflects a growing trend of regulatory bodies taking decisive action against companies that fail to comply with data protection standards. As the digital landscape continues to evolve, the balance between innovation and privacy remains a critical issue for both regulators and technology firms.


#Meta #DataPrivacy #SouthKorea #DataProtection #UserConsent #TechGiants #Advertising #SensitiveData #Regulation #PrivacyLaws
🚀 U.S. Court Blocks Government Access to Personal Data

According to BlockBeats, U.S. District Judge Deborah Boardman has issued a preliminary injunction preventing the Department of Government Efficiency (DOGE) from accessing personal data held by the U.S. Departments of Education, Treasury, and the Office of Personnel Management. This legal action follows a lawsuit filed last month in a Maryland federal court by a coalition of unions, led by the American Federation of Teachers. The lawsuit accuses the administration of U.S. President Donald Trump of allowing DOGE, under the leadership of Elon Musk, to access systems containing personal information of millions of Americans without their consent, allegedly violating federal privacy laws. Judge Boardman noted that the government failed to adequately justify why DOGE needed access to "millions of records" to fulfill its duties.

#USCourt #PersonalData #GovernmentAccess #PrivacyLaws #ElonMusk #AmericanFederationofTeachers #FederalLawsuit #JudgeBoardman
🚀 Kenyan Court Orders World to Delete Biometric Data

According to BlockBeats, the Kenyan High Court has ruled that World, formerly known as Worldcoin, violated privacy laws by collecting biometric data without proper consent. The company incentivized users with cryptocurrency in exchange for their iris information. The court has mandated that World and its agents delete all data collected in Kenya within seven days and refrain from further data collection without evaluation and incentives. Recently, the project was also suspended in Indonesia.

#KenyanCourt #Worldcoin #biometricdata #privacylaws #cryptocurrency #irisdata #datadeletion #Indonesia #datasafety #consent