FTC refers TikTok complaint to Justice Department

The Federal Trade Commission said on Tuesday that it's referred its complaint against TikTok to the Department of Justice.

The agency said it found"reason to believe named defendants are violating or are about to violate the law."The FTC began its investigation following a 2019 settlement with Musical.ly, the predecessor to TikTok, that was related to violations of the Children's Online Privacy Protection Act . The FTC wasThe regulator said it's transferring the case to the DOJ because the investigation"uncovered reason to believe named defendants are violating or are about to violate the law.

"Although the Commission does not typically make public the fact that it has referred a complaint, we have determined that doing so here is in the public interest and that a proceeding is in the public interest," the FTC said.in January, TikTok CEO Shou Zi Chew said the company employs around 40,000 people in its trust and safety operations, but added that he didn't know how many minors were users of the platform.DJT shares tumble 13% as Trump Media stock sell-off acceleratesthe U.

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