Privacy Blog

“By continuing the process of inflation, governments can confiscate secretly and unobserved an important part of the wealth of their citizens.” – John Maynard Keynes, writing about the effects of a seemingly small amount of inflation every year.

Facebook Fined Maximum Legal Amount For Cambridge Analytica Scandal

Facebook has been fined $645,000 (US dollars) by the UK’s Information Commissioner’s Office for its role in the Cambridge Analytica scandal, which affected over 80 million users.

Given Facebook’s profits, the company probably can pay the fine out of their petty cash account. In other words, a fine of $645,000 is trivial for Facebook.

You can read more about this fine at

Categories: Legal Affairs

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