FTC sues Cambridge Analytica and restricts former CEO’s business activity

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Author: Colin Lecher

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As the Federal Trade Commission imposes a landmark $5 billion fine against Facebook, the agency also announced separate action today against controversial data-mining company Cambridge Analytica.

Cambridge Analytica has filed for bankruptcy

The FTC said in an administrative complaint that Cambridge Analytica deceptively harvested the information of Facebook users through a personality test app. The company has since filed for bankruptcy and has not settled the agency’s complaint.

The agency said it also reached settlements with two individuals: former Cambridge Analytica CEO Alexander Nix and former University of Cambridge professor Aleksandr Kogan.

Kogan was responsible for developing the app used by Cambridge Analytica to harvest...

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