Crypto

TikTok Agrees to $400M Settlement for Allowing Minors' Personal Data

Guavy AI Editorial Team Published August 22, 2026

Instruments

TikTok and its parent company ByteDance have agreed to pay $400 million to settle a lawsuit over violating children's online privacy. The settlement is one of the largest in a case under the Children's Online Privacy Protection Act (COPPA).

The lawsuit alleged that TikTok knowingly allowed kids younger than 13 to sign up for regular accounts, collect their personal data without parental consent, and ignored deletion requests.

The company has undergone significant changes since filing the suit, including moving its US operations into a joint venture controlled by Oracle, Silver Lake, and MGX, with ByteDance retaining 19.9% ownership.

The settlement includes $300 million payable immediately and $100 million contingent on a court order vacating a prior consent decree against Musical.ly, which ByteDance acquired in 2017 and folded into TikTok.

TikTok Agrees to $400M Settlement for Allowing Minors' Personal Data

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