Verified press release report

Federal Court Holds Payment Processor Cliq in Contempt for Violating FTC Order

Court issues order finding Cliq, formerly known as Cardflex, and its operators Andrew Phillips and John Blaugrund in contempt and imposing $6.5 million sanction At the  request of the Federal Trade Commission , a federal judge ordered Cliq Inc., a payment processing company, and its operators to pay $6.5 million in sanctions for violating a 2015 federal court order designed to prevent the compa View Press Release

Illustrated markets, business, finance, and insurance source file — Section illustration for a source-cited report based on Federal Trade Commission. No usable publisher/source image was found in feed or page metadata, so VINI used an editorial illustration fallback.Credit: VINI News · VINI editorial illustration; all rights reserved.

Vinita Duniphin Technology Source report

What happened

According to Federal Trade Commission’s press release item, Federal Court Holds Payment Processor Cliq in Contempt for Violating FTC Order, Court issues order finding Cliq, formerly known as Cardflex, and its operators Andrew Phillips and John Blaugrund in contempt and imposing $6.5 million sanction At the request of the Federal Trade Commission , a federal judge ordered Cliq Inc., a payment processing company, and its operators to pay $6.5 million in sanctions for violating a 2015 federal court order designed to prevent the compa View Press Release

Context

The development sits in VINI’s Technology file for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-05-19T12:00:00+00:00.

What to watch

Open questions include whether primary sources issue follow-up statements, whether local or market impacts become clearer, and whether additional reporting changes the timeline or adds material context.

Source

Primary source: Federal Court Holds Payment Processor Cliq in Contempt for Violating FTC Order via Federal Trade Commission. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.

This source-cited VINI report links to the original publisher record. VINI does not republish third-party article bodies without rights clearance. 1 source listed.

Source links

Federal Court Holds Payment Processor Cliq in Contempt for Violating FTC OrderFederal Trade Commission - 2026-05-19T12:00:00+00:00

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