PeterMM ✨👤

A New Mexico court has ordered Meta to pay 25B USD over Cambridge Analytica after a jury found 43M violations of state law. The judge called Facebook's internal probe "willfully ineffective".

A New Mexico court has ordered Meta to pay 25B USD over Cambridge Analytica after a jury found 43M violations of state law. The judge called Facebook's internal probe "willfully ineffective".
CNBC •
Revision history

3 recorded changes

Want your article here?

Promote with Leviathan News

A New Mexico judge set the penalty after a September jury verdict, awarding the state $219.5 billion before reducing it to $25 billion, with 15% annual interest until paid. Judge Francis Mathew cited over 43 million violations of the state's unfair practices act, each carrying up to $5,000. He called Facebook's internal probe "willfully ineffective," citing executive pressure to cut costs and inadequate investigative techniques. New Mexico proceeded to trial because it was excluded from Meta's roughly $17 billion August settlement with other state attorneys general. Meta previously paid $725 million in a 2022 class action and $567 million in a separate New Mexico child-safety case it plans to appeal.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
Spread
i
Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
18 accounts

first post
Leviathan +55 min later

META reaction
i
Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−0.2% 24h after post

$708.93 → $707.79
Elfa measured 0.0% 1d · still measuring

Thread · 1 event
  1. First reportNew Mexico judge orders Meta to pay $25 billion in privacy penalties18 acc.
  2. Leviathan published this article

All times UTC.

Cited posts

  • @faststocknewss FSMNFirst reportOn X ↗

    META $META MUST PAY $25B IN PENALTIES, NEW MEXICO JUDGE RULES The ruling follows a jury finding that the company misled consumers about privacy.

  • @DeItaone *Walter BloombergOn X ↗

    $META - META MUST PAY $25 BILLION IN PENALTIES, NEW MEXICO JUDGE RULES AFTER JURY FOUND COMPANY MISLED CONSUMERS ABOUT PRIVACY

  • @Investingcom Investing.comOn X ↗

    ⚠️BREAKING: *META MUST PAY $25 BILLION IN PENALTIES, NEW MEXICO JUDGE RULES AFTER JURY FOUND COMPANY MISLED CONSUMERS ABOUT PRIVACY$META

Show 3 more cited posts
  • @FirstSquawk First SquawkOn X ↗

    META MUST PAY $25 BLN IN PENALTIES, A NEW MEXICO JUDGE RULES, AFTER A JURY FOUND THE COMPANY MISLED CONSUMERS ABOUT PRIVACY

  • @BullTheoryio Bull TheoryOn X ↗

    BREAKING: $META has been fined $25 billion by a New Mexico court for misleading users about how it protects their data in the Cambridge Analytica scandal. Meta has now been hit with over $43 billion in fines and settlements this year.

  • @TheInsiderPaper Insider PaperOn X ↗

    JUST IN - A New Mexico judge ruled Wednesday that Meta must pay $25 billion to the state after a jury found last month that the social media giant deceived users in a case related to the Cambridge Analytica scandal, according to media reports.https://t.co/5R97JK5Iew

12 more accounts posted about this · 4 Telegram channels (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning · META

Open350 open positions · 329 long · 21 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 21 Oct 17:12 UTC.

Whole equity market, not this story

Crowding0th percentile · vs last 28 days, 50 typical
Pulse 24h82/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book93.2% long · 2,953 accounts

As of 21 Oct 18:00 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

Explore the topic

Loading related coverage…

Explore the full feed

Comments

Loading comments…