Whistleblower Arturo Béjar testifies in landmark trial against Meta

Published Aug 19, 09:20 PM UTC

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In a landmark trial against Meta, whistleblower Arturo Béjar is leading testimony alleging that the company prioritized profit over child safety. A former Meta engineer testified that Instagram employed a 'don't ask, don't tell' policy regarding children under 13 on the platform. The trial, which has drawn significant attention, could have major financial and regulatory implications for Meta. Options traders are reportedly eyeing strategies like the 'jade lizard' in response to Meta's legal troubles. The case centers on accusations that Meta's platforms, particularly Instagram, are designed to be addictive and harmful to minors, with internal warnings allegedly ignored by leadership.

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