Technologies

FTC Sues Amazon for ‘Tricking’ Customers Into Prime Memberships

The agency says Amazon also made it hard to cancel subscriptions.

Amazon is being sued by the Federal Trade Commission for signing up customers for Prime memberships without their consent. In a complaint filed on Wednesday, the agency also accused the company of undermining the cancellation process for consumers. The news comes on the heels of the e-commerce giant announcing its July Prime Day sales event.

According to the filing, Amazon used a tactic called «dark patterns» to coerce millions of consumers into enrolling in auto-pay Prime subscriptions. The FTC’s complaint states that the company does not sufficiently convey the monthly cost of membership. Additionally, the suit cites Amazon corporate leaders who allegedly subverted changes to the user interface that would reduce nonconsensual enrollments.

FTC head Lina Khan took to Twitter and said Amazon purposely worked to botch subscription cancellations, internally «analogizing the cancellation process to the epic tale of a brutal war» by calling it «Iliad Flow.» While the FTC acknowledged that the retailer made significant adjustments to its cancellation procedures for some subscribers shortly before the suit was filed, the agency asserts that the company has violated the FTC Act and the Restore Online Shoppers’ Confidence Act.

Khan also urged the public to submit comments on the FTC’s proposed «click to cancel» rule, which would require companies to make it quick and easy to cancel auto-renewed subscriptions.

Amazon didn’t immediately respond to CNET’s request for comment.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success!

Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 Wallet, Coinbase Web3 Wallet, OKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.