"New Mexico Sues Snapchat Over Sexual Predation Of Minors; The State Attorney General Says The App's Design Facilitates The Trade In Explicit Images And Extortion Of Children" - Washington Post
Portfolio Pulse from Benzinga Newsdesk
New Mexico has filed a lawsuit against Snap, the owner of Snapchat, alleging that the app facilitates the sexual exploitation of minors. The lawsuit claims that Snapchat's design, which includes disappearing messages, makes it attractive for predators. The state argues that Snap has misled the public about the safety of its platform, despite internal research showing young users frequently encounter harmful content. The lawsuit is part of a broader effort to address online child sexual abuse material.

September 05, 2024 | 7:22 pm
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Snap, the owner of Snapchat, is being sued by New Mexico for allegedly facilitating child exploitation through its app's design. The lawsuit claims Snap misled the public about the platform's safety.
The lawsuit directly targets Snap's core product, Snapchat, and accuses it of facilitating illegal activities, which could lead to negative public perception and potential legal consequences. This is likely to impact Snap's stock negatively in the short term.
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