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US trade regulator accuses billion dollar Ukrainian IT giant of fraud
A federal court has temporarily halted the operations of 15 corporations and eight individuals under the Kyiv-based firm Genesis Tech, which the U.S. Federal Trade Commission said in a public statement deceived consumers with hidden costs, recurring charges, and convoluted mechanisms to cancel subscriptions.
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thenextweb.com
FTC freezes sprawling subscription enterprise built on Cyprus and Delaware shells
The FTC has won a court order freezing Genesis Tech, a network of 15 firms behind apps including Nebula and MadMuscles, over deceptive subscriptions.
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newsbytesapp.com
FTC lawsuit reveals how scam networks bypass app store enforcement
The FTC's lawsuit against Genesis Tech uncovers tactics used by subscription scam networks, including shell companies and overseas revenue routing, to evade app store enforcement.
