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X @Litecoin
Litecoin· 2025-07-17 16:35
MWEB let's you be a maxi in public, but a Litecoin lover in private. https://t.co/f9JstOqE5vLitecoin (@litecoin):When you're a Bitcoiner but you also dabble in Litecoin. https://t.co/9GYcq2NgEx ...
Mark Zuckerberg Goes On Trial Today In $8 Billion Meta Privacy Lawsuit—What To Know
Forbes· 2025-07-16 16:50
Core Viewpoint - Meta's leadership, including CEO Mark Zuckerberg and former COO Sheryl Sandberg, is facing a trial in Delaware regarding allegations of violating a privacy agreement, potentially resulting in $8 billion in damages due to the Cambridge Analytica scandal [1][11]. Summary by Sections Background of the Lawsuit - Facebook shareholders initiated a lawsuit in 2018, claiming that the company's leadership knowingly breached an agreement with the Federal Trade Commission (FTC) by sharing user data with third-party apps without user consent [3][5]. - The lawsuit highlights that Facebook, rebranded as Meta in 2021, had signed a consent order with the FTC in 2012, committing to a comprehensive privacy program [3][4]. Allegations Against Leadership - Plaintiffs allege that Zuckerberg, Sandberg, and other executives failed to comply with the FTC agreement, allowing third-party apps to collect data about users' friends without their consent [5][6]. - The Cambridge Analytica scandal, where millions of users' data was misused, is cited as a significant example of this non-compliance [6][12]. Key Players Involved - The lawsuit names several defendants, including Zuckerberg, Sandberg, and board members like Marc Andreessen, Peter Thiel, and Reed Hastings, who allegedly knew about the violations [9][10]. - Other notable figures include former White House chiefs of staff and various board members who were aware of the non-compliance [9][10]. Trial Details - The trial is set to last for eight days in Delaware Chancery Court, with no jury present; the judge will deliver the verdict [8]. - Key testimonies are expected from the defendants, including Zuckerberg and Sandberg [8]. Financial Implications - Shareholders are seeking $8 billion in damages, reflecting the costs incurred by Facebook due to the alleged unlawful activities of its leaders [11]. - The lawsuit also mentions a $5 billion settlement with the FTC in 2019, which the plaintiffs argue was excessively high to protect Zuckerberg from legal liability [12]. Defense Arguments - Defendants deny any wrongdoing, asserting that Facebook worked effectively to comply with the 2012 FTC order and that their data-sharing agreements did not violate it [13]. - They argue that Zuckerberg's stock sales were lawful and aimed at funding charitable efforts, not indicative of knowledge of non-compliance [13]. Notable Facts - Sandberg has faced court sanctions for allegedly deleting emails relevant to the lawsuit, complicating her defense [15]. - The Cambridge Analytica scandal involved the misuse of data from approximately 30 million people, raising significant privacy concerns and leading to multiple investigations and legal actions against Facebook [16].
X @Trust Wallet
Trust Wallet· 2025-07-15 18:30
FYI: You can hide your Trust Wallet balance in 1 click 👀Long-press your portfolio total to toggle privacy mode.Perfect for public places or taking screenshots. https://t.co/ydjbBHUTHs ...
X @Ethereum
Ethereum· 2025-07-14 16:20
RT Aztec (@aztecnetwork)There's literally no future where privacy doesn't matter. ...
X @Cathie Wood
Cathie Wood· 2025-07-13 16:04
Scalability & Privacy - Ethereum Foundation intends to integrate zero-knowledge (zk) into Ethereum L1 [1] - This integration could significantly improve scalability and privacy on the Ethereum network [1] Institutional Adoption - The proposed moves for scalability and privacy are seen as positive steps to maintain Ethereum's lead in the institutional world [1]