Owner of Ashley Madison Adultery Site to Pay $1.7 Million Settlement
FTC suspends balance of settlement because of owner’s inability to pay
Toronto-based ruby Corp, the owner of the privately-held Ashley Madison adultery site, has agreed to pay a $1.7 million penalty following the completion of an investigation by the Federal Trade Commission and a coalition of 13 states and the District of Columbia that shows the company deceived consumers and failed to protect 36 million users’ accounts and profile information in a massive data breach in July 2015.
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