United States of America: Federal Trade Commission and Cleo AI reached settlement order in lawsuit for deceptive advertising and subscription practices
Description
Federal Trade Commission and Cleo AI reached settlement order in lawsuit for deceptive advertising and subscription practices
On 27 March 2025, the Federal Trade Commission (FTC) filed a stipulated settlement order with Cleo AI, Inc. in the US District Court for the Southern District of New York. The order resolved allegations that Cleo AI had misrepresented the availabili…
Scope
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), ML and AI development
Implementation Level
national
Government Branch
judiciary
Government Body
court