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TikTok Nears $400M Settlement With Trump Administration Over Child Privacy Violations

GateNews

2026-05-09 03:21:27

According to Reuters, the Trump administration is nearing a $400 million settlement with TikTok to resolve a 2024 lawsuit over alleged violations of the Children’s Online Privacy Protection Act. The Justice Department and Federal Trade Commission sued TikTok and parent company ByteDance, alleging the app collected and retained data from users under 13 without parental consent. ByteDance completed a majority American-owned joint venture earlier this year as part of efforts to avoid a U.S. ban.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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