CNN —The Federal Trade Commission is investigating TikTok for its data and security practices, two sources told CNN on the condition of anonymity. The agency is also investigating whether TikTok violated a portion of the FTC Act, which prohibits “unfair or deceptive acts or practices in or affecting commerce,” the sources said. The FTC could bring a suit against TikTok in the coming weeks, according to the sources. The FTC probe comes as TikTok faces an existential threat in the US. The short-form video company, owned by Chinese firm ByteDance, has denied assertions that its app poses a national security threat to US citizens.

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Persons: TikTok, Public Affairs Douglas Farrar, “, ” TikTok, Joe Biden Organizations: CNN, Federal Trade Commission, FTC, TikTok, Politico, Public Affairs, Senate Locations: China