Ireland’s DPC fines Instagram €405M for violating children’s privacy under GDPR, the second highest fine under the law and the third for a Meta-owned company (Vincent Manancourt/Politico)

Sam Schechner / Wall Street Journal:
Ireland’s Data Protection Commission fines Meta €265M for failing to safeguard data on 500M+ users from data scrapers, the third fine by the DPC on Meta  —  Company gets new EU privacy fine as bloc tightens regulation of big tech companies  —  A top European regulator fined Facebook …

Kate Park / TechCrunch:
South Korean financial super app Toss raised $405M Series G at a 9.1T won valuation, or ~$7B, after a 8.5T won valuation in June ’21; Toss Bank has 5M users  —  Viva Republica, an operator of South Korean finance super app Toss, has finalized a $405 million Series G funding and it says it is now valued …

Reuters:
South Korea’s privacy regulator fines Google $50M and Meta $22M for failing to obtain users’ consent when collecting behavioral information to show custom ads  —  South Korea levied fines running into millions of dollars on Alphabet’s (GOOGL.O) Google and Meta Platforms (META.O) …

Kollen Post / The Block:
Crypto exchange Bittrex agrees to a $29.3M settlement with the US Treasury Department over potential liability for sanctions violations between 2014 and 2017  —  – Bittrex is facing record fines from the U.S. Treasury Department over the exchange’s lack of sanctions controls between 2014 and 2017.

David Gutman / The Seattle Times:
Meta receives a ~$24.7M fine, the maximum possible, after a Washington judge found it had intentionally violated campaign finance disclosure laws 822 times  —  Meta, Facebook’s parent company, was fined nearly $25 million Wednesday for intentionally and repeatedly violating Washington’s campaign finance laws.

Ashley Capoot / CNBC:
The SEC fines Oracle $23M for allegedly bribing officials in India, Turkey, and the UAE between 2016 and 2019, the second such fine after a 2012 settlement  —  – Oracle has settled with the Securities and Exchange Commission after it was charged with violating the Foreign Corrupt Practices Act …