- Google settles $30M lawsuit over children’s data collection.
- Guardians may receive up to $1,500 each.
- Settlement primarily affects U.S. plaintiffs under 13.
Google and YouTube are settling a $30 million US class action lawsuit, accused of unlawfully collecting children’s data from 2013 to 2020, overseen in California’s court.
The settlement highlights ongoing privacy concerns in digital platforms, emphasizing increased scrutiny around data collection practices, but shows minimal immediate impact on cryptocurrency markets.
The class action lawsuit against Google and YouTube claims they unlawfully collected children’s data. Google agreed to settle for $30 million. The companies faced allegations of violating data privacy laws over a seven-year period ending in 2020.
Class Counsel, Silver Golub & Teitell LLP and Pritzker Levine LLP, stated,
“Google LLC and YouTube LLC (“Google”) agreed to settle in a lawsuit that claims Google violated the law when it allegedly tracked and collected personal data about children under the age of 13 without parental consent. Google denies it did anything wrong.”
Involved parties include Alphabet Inc.’s subsidiaries. U.S. residents represented by law firms Silver Golub & Teitell LLP initiated the action. The lawsuit accused the companies of collecting data on children without parental consent.
The settlement impacts affected families where children under 13 watched YouTube content. Service awards up to $1,500 are for select guardians. The broader class receives distributions from the remaining fund, determined by the number of valid claims.
The $30 million settlement includes $9 million for attorney’s fees and administration costs. The market response and cryptocurrency sector remain untouched. This legal action does not link directly to any crypto assets, according to The Daily Hodl.
The settlement’s broader legal implications do not directly relate to cryptocurrencies. Past cases indicate similar resolutions without crypto sector disturbances. Financial and regulatory consequences are limited to involved parties.
COPPA enforcement cases show consistent patterns, leading mostly to fines. This resolution follows the precedent set in similar privacy litigation. No significant shifts in blockchain or crypto assets have been documented as a result.
