Ex-Facebook employee to tell Congress the company undermined U.S. national security

[BumRushDaShow]

7. It *should have* gone into the U.S. Treasury

(July 24, 2019)

FTC Imposes $5 Billion Penalty and Sweeping New Privacy Restrictions on Facebook

Facebook Agrees to Pay $5 Billion and Implement Robust New Protections of User Information in Settlement of Data-Privacy Claims

(from DOJ who represents FTC for court actions (PDF) - https://www.justice.gov/archives/opa/press-release/file/1186511/dl)

UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA

UNITED STATES OF AMERICA,
Plaintiff
v.
FACEBOOK, Inc.,
a corporation,
Defendant.

Case No. 19-cv-2184

PLAINTIFF’S CONSENT MOTION
FOR ENTRY OF STIPULATED
ORDER FOR CIVIL PENALTY,
MONETARY JUDGMENT, AND
INJUNCTIVE RELIEF AND
MEMORANDUM IN SUPPORT

On July 24, 2019, the United States of America, acting upon notification and authorization
to the Attorney General by the Federal Trade Commission (“FTC”), filed its Complaint for Civil
Penalties, Injunction, and Other Relief against Facebook, Inc. (“Facebook”). The parties have
reached a settlement of the Complaint’s allegations and memorialized those terms in the attached
proposed Stipulated Order for Civil Penalty, Monetary Judgment, and Injunctive Relief (“Stipulated
Order”). The Stipulated Order requires Facebook to pay a $5 billion civil penalty and imposes
significant injunctive relief, primarily in the form of an amended administrative order that will be
entered by the FTC.
(snip)

I. MONETARY JUDGMENT FOR CIVIL PENALTY

IT IS FURTHER ORDERED that:
A. Judgment in the amount of FIVE BILLION dollars ($5,000,000,000.00) is entered in favor
of Plaintiff against Defendant as a civil penalty pursuant to Section 5(l) of the FTC Act, 15 U.S.C.
§ 45(l).
B. Defendant is ordered to pay to Plaintiff, by making payment to the Treasurer of the United
States, FIVE BILLION dollars ($5,000,000,000.00), which, as Defendant stipulates, its
undersigned counsel holds in escrow for no purpose other than payment to Plaintiff. Such
payment must be made within 7 days of entry of this Stipulated Order by electronic fund transfer
in accordance with instructions specified by a representative of Plaintiff.
C. In the event of any default in payment, the entire unpaid amount, together with interest, as
computed pursuant to 28 U.S.C. § 1961 from the date of default to the date of payment, shall
immediately become due and payable.
D. Defendant relinquishes dominion and all legal and equitable right, title, and interest to all
funds paid pursuant to this Stipulated Order. Defendant shall make no claim to or demand for
return of the funds, directly or indirectly, through counsel or otherwise.
E. Defendant agrees that the facts alleged in the Complaint will be taken as true, without
further proof, only in any subsequent civil litigation by Plaintiff to enforce its rights to any
payment or monetary judgment pursuant to this Stipulated Order.
F. Defendant acknowledges that its Taxpayer Identification Numbers (Social Security
Numbers or Employer Identification Numbers), which Defendant has previously submitted to
Plaintiff, may be used for collecting and reporting on any delinquent amount arising out of this
Stipulated Order, in accordance with 31 U.S.C. § 7701

(snip)