The post EU Fines X $140M for Misleading Verified Badges and Data Denial appeared on BitcoinEthereumNews.com. X’s blue checkmark system was judged a deceptive design, because it misleads users about account authenticity The social media platform didn’t create the required clear, public log of ads, as mandated by new EU rules X now has 60 working days to present a remediation plan for the blue check issue, and 90 days to address ad transparency and data access shortcomings The European Commission fined Elon Musk’s social network X €120 million (roughly $140 million) for violations of the Digital Services Act (DSA), which represents the first major enforcement under the regulation. The case centers on X’s paid blue check verification system, missing transparency around political and commercial ads, and barriers that researchers faced when they tried to study public posts. Under the DSA, regulators want people in Europe to see who paid for content, why they see it, and how platforms handle risks such as disinformation and targeted manipulation. Related: ‘Impossible to Fake Energy’: Musk Doubles Down on Bitcoin’s Intrinsic Value How X misled users with Blue Checks According to the Commission, there were several breaches involved: X’s blue checkmark (verification badge) system, where users can pay for verified” status, was judged a deceptive design because it misleads users about account authenticity. X didn’t create the required clear, public log of ads, as mandated by new EU rules. Key details like who bought an ad, what it said, and who it was shown to were often missing or hard to find. Researchers were denied adequate access to public data, such as metrics and content data. The platform’s interface and terms of service were found to impose unnecessary barriers that hindered legitimate data collection and analysis of public information. The fine is broken down into three segments: approximately €45 million for checkmark-related deception, €35 million for advertising transparency failures,… The post EU Fines X $140M for Misleading Verified Badges and Data Denial appeared on BitcoinEthereumNews.com. X’s blue checkmark system was judged a deceptive design, because it misleads users about account authenticity The social media platform didn’t create the required clear, public log of ads, as mandated by new EU rules X now has 60 working days to present a remediation plan for the blue check issue, and 90 days to address ad transparency and data access shortcomings The European Commission fined Elon Musk’s social network X €120 million (roughly $140 million) for violations of the Digital Services Act (DSA), which represents the first major enforcement under the regulation. The case centers on X’s paid blue check verification system, missing transparency around political and commercial ads, and barriers that researchers faced when they tried to study public posts. Under the DSA, regulators want people in Europe to see who paid for content, why they see it, and how platforms handle risks such as disinformation and targeted manipulation. Related: ‘Impossible to Fake Energy’: Musk Doubles Down on Bitcoin’s Intrinsic Value How X misled users with Blue Checks According to the Commission, there were several breaches involved: X’s blue checkmark (verification badge) system, where users can pay for verified” status, was judged a deceptive design because it misleads users about account authenticity. X didn’t create the required clear, public log of ads, as mandated by new EU rules. Key details like who bought an ad, what it said, and who it was shown to were often missing or hard to find. Researchers were denied adequate access to public data, such as metrics and content data. The platform’s interface and terms of service were found to impose unnecessary barriers that hindered legitimate data collection and analysis of public information. The fine is broken down into three segments: approximately €45 million for checkmark-related deception, €35 million for advertising transparency failures,…