Insurance company distributes nineteen million dollars to U.S. residents to resolve claims of excessive text messaging botheration
The Daily Hodl Announces News: QuoteWizard Agrees to $19 Million Settlement Over TCPA Violations
In a significant development, insurance comparison website QuoteWizard has agreed to a $19 million settlement over allegations that it violated the Telephone Consumer Protection Act (TCPA) by sending unsolicited telemarketing text messages to consumers listed on the National Do Not Call Registry.
The settlement, which does not constitute an admission of guilt by QuoteWizard, resolves claims that the company sent at least two or more unsolicited marketing texts within any 12-month period to phone numbers on the Do Not Call Registry without prior consent.
Key details of the settlement include:
- Consumers who qualify for the settlement will receive at least $76 per person automatically, with no claim form needed unless they choose to exclude themselves.
- The case was originally filed in 2019 by lead plaintiff Joseph Mantha.
- The deadline to exclude oneself or object to the settlement was August 5, 2025.
- A final approval hearing for the settlement is scheduled for September 29, 2025.
- Class members are expected to be compensated automatically once the settlement is approved, and a dedicated website and toll-free number for further information will be launched.
Meanwhile, in other news, a New York man defrauded the IRS with a stolen $810,000 tax refund check in a bank fraud and identity theft scheme. The hack potentially exposed names, Social Security numbers, financial account numbers, and more.
Elsewhere, a $14.5 billion Bitcoin hack has been uncovered, with thieves getting away with the stolen BTC. This massive hack is a stark reminder of the risks associated with cryptocurrency and the need for robust security measures.
In the world of Ethereum, 113,575 Americans are at risk of fraud after a hack on a healthcare firm. This incident underscores the importance of vigilance and the need for strong cybersecurity measures in the digital age.
As always, The Daily Hodl is committed to bringing you the latest news, FAQs, and the option to Submit Guest Post in the fields of Bitcoin, Ethereum, Altcoins, Financeflux, Trading, NFTs, Blockchain, Futuremash, Regulators, Scams, Hacks & Breaches, and Industry Announcements. Stay tuned for more updates!
- Despite the ongoing issues with TCPA violations in the business sector, it's crucial to remember the growing significance of blockchain technology in the finance industry, particularly in the realm of cryptocurrency and altcoins, where robust security measures are essential to mitigate risks.
- The aforementioned hack of a $14.5 billion Bitcoin stash serving as a dramatic example, demonstrates the critical need for companies dealing with cryptocurrencies to prioritize their blockchain security, in order to protect their assets and uphold consumer trust.
