In the Matter of Snapchat, Inc. #00022

Submission Number:
Joshua Reich
Princeton University
New Jersey
Initiative Name:
In the Matter of Snapchat, Inc.
Matter Number:

132 3078

The counts outlined in the notice allege that Snapchat systematically lied about pretty much every feature/capability that made it a useful and unique service. Through these allegedly falacious claims, Snapchat has built a user base of millions and a valuation measured in billions of dollars. Yet, the proposed settlement contains no economic or criminal penalty for Snapchat or its executives. If these allegations are true, this settlement literally allows Snapchat to get away scott free with lying to millions, exposing their sensitive information, and making billions in the process. Joshua Reich Associate Research Scholar Computer Science Princeton University [REDACTED]