Alibaba and Payment Processor to Pay $600M Over Illegal Drug Sales

Alibaba AUS Merchant Services US Justice Department

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Alibaba and its US payment processor, AUS Merchant Services, will pay $600 million to resolve allegations of failing to prevent illegal drug sales on their platforms.
The companies agreed to non-prosecution agreements, admitting to violations of the US Federal Food, Drug, and Cosmetic Act.

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Alibaba and its US payment processor, AUS Merchant Services, will pay $600 million to resolve allegations of failing to prevent illegal drug sales on their platforms. The companies agreed to non-prosecution agreements, admitting to violations of the US Federal Food, Drug, and Cosmetic Act.

Read the full article on Al Jazeera

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