Twitter Could Be Facing An Ftc Fine Of Up To $250 Million Over Allegations That It Violated An Agreement Over User Data Privacy

Drew Angerer/Getty Images Twitter is under investigation by the FTC and could face a fine of anywhere between $150 million to $250 million, the company disclosed in a regulatory filing Monday. Twitter said the FTC notified it of allegations that it improperly targeted ads at users based on information they had provided for "safety and security purposes," in violation a 2011 agreement. Twitter admitted last year that it had "inadvertently" targeted users with ads based on information they had provided to better secure their accounts. The company's privacy and security practices have come under renewed scrutiny following a major hack last month that resulted in dozens of high-profile accounts being compromised. Visit Business Insider's homepage for more stories. Twitter disclosed in a regulatory filing Monday that it is under investigation by the Federal Trade Commission related to allegations that it violated a 2011 consent agreement — and that it's expecting a "probable loss" of somewhere between $150 million and $250 million. "Following the announcement of our Q2 financial results, we received a draft complaint from the FTC alleging violations of our 2011 consent order.