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Judge May Reject TikTok’s $400 Million FTC Settlement Portion

By Drooid · · How we work

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Story summary
  • U.S. District Judge George H. Wu may reject TikTok’s $400 million settlement portion that ends the FTC consent decree.
  • TikTok and ByteDance agreed in August to pay $300 million immediately under the settlement.
  • An additional $100 million becomes payable if a court vacates the 2019 FTC consent decree.
  • The 2019 decree, stemming from Musical.ly violations, requires TikTok to keep reporting obligations through 2029.