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Meta fined $24.7 million for campaign finance disclosure violations


6kings
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A Washington state judge on Wednesday fined Facebook parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law.

It's believed to be the largest campaign finance penalty in U.S. history.

 

Edited by 6kings
Per CNBC
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This year hasn't been kind to Mark Zuckerberg. On Thursday alone—after Meta's dismal third quarter earnings—he lost $11 billion. It's a far cry from early September 2021 when his fortune peaked at $136.4 billion. His net worth has dropped $100 billion since then, erasing nearly three-fourths his wealth.

Edited by 6kings
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