Progress

Current status
under deliberation
05 Nov 2024 under deliberation

Scope

Implementers
United States of America
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
consumer protection authority
Implementation Level
national

Timeline of events

05 Nov 2024
under deliberation

Announced FTC lawsuit against Dave Inc. for alleged misleading marketing pertaining to cash advances (Case No. 2:24-cv-9566)

On 5 November 2024, the Federal Trade Commission (FTC) filed a lawsuit at the United States District Court of California against Dave, a digital banking service with a primary focus on cash advances. The lawsuit claims that Dave engaged in deceptive…

Source
Event type public lawsuit
Action type announcement
Government branch executive
Government body consumer protection authority

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