Regulators have hit Elon Musk’s X with a $140 million penalty for “deceptive” blue checkmarks that risked exposing its users to scams.
Musk, 54, was slapped with a 120-million-euro ($140 million) fine by the European Commission, which said the platform “deceives users” in a statement announcing the decision. Authorities concluded that X’s paid blue checkmarks use “deceptive design practices” that leave people vulnerable to fraud and manipulation. It’s the first non-compliance ruling under the European Union’s new Digital Services Act.
<video id="wU8GQ2QW" poster="https://cdn.jwplayer.com/v2/media/wU8GQ2QW/poster.jpg"><source src="https://cdn.jwplayer.com/videos/wU8GQ2QW.mp4" type="video/mp4"></source></video>The post Elon Musk’s X Slapped With $140M Fine Over ‘Deceptive’ Blue Checkmarks appeared first on The Daily Beast