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Brief
On March 15, 2024, the Federal Trade Commission issued an update regarding Paddle Will Pay $5 Million to Settle FTC Allegations of Unfair Payment-Processing Practices and Facilitation of Deceptive Tech-Support Schemes. Paddle.com Market Limited and its subsidiary, Paddle.com, Inc., will pay $5 million and be permanently banned from processing payments for tech-support telemarketers, resolving a Federal Trade Commission action alleging deceptive conduct and harm to U.S. consumers. The settlement prohibits Paddle from engaging in similar practices.
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