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 (VERUM) is Now Available on Halo Wallet

Verum Coin (VERUM) continues to expand its presence in the cryptocurrency market. Users can now store and manage VERUM on Halo Wallet, known for its convenience and security.

Why Halo Wallet?

Halo Wallet is a modern Web3 wallet offering a simple interface and powerful tools for managing digital assets. With its functionality, the platform has gained the trust of millions of users worldwide.

The integration of Verum Coin with Halo Wallet opens up new opportunities for coin holders and makes it even more accessible. Stay tuned for updates and take advantage of the convenient management of your assets!

Technologies

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.

Why Exodus?

Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.

This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!

Technologies

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) continues to expand its accessibility by becoming available on Bybit Swap. Traders can now easily and quickly exchange VERUM on one of the most popular and reliable platforms.

Why Bybit?

Bybit is a global cryptocurrency platform known for its high standards of speed and security. The Bybit Swap feature allows users to instantly exchange assets without complicated setups and with minimal fees.

The integration of Verum Coin with Bybit Swap makes the coin even more accessible and strengthens its position in the market. This is a significant step toward the growth and adoption of VERUM among millions of platform users.

Stay tuned for more updates on Verum Coin and take advantage of new trading and investment opportunities!