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VisitWill Lingo Telecom experience a significant drop in stock price following the fine by November 21, 2024?
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Lingo Telecom Fined $1M for Biden Deepfake Robocalls
Aug 21, 2024, 07:50 PM
Lingo Telecom has agreed to pay a $1 million fine for its involvement in transmitting deepfake robocalls that impersonated President Joe Biden's voice. These robocalls were aimed at dissuading voters in New Hampshire's Democratic primary election. The Federal Communications Commission (FCC) identified the Texas-based company as the perpetrator of these AI-generated voice-cloning calls, which were designed to spread disinformation. The fine is part of a settlement with federal authorities, who have taken swift action against the misuse of AI technology in electoral processes.
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