Israelis to Sue Facebook for $500B in Australia over Crypto Ads Ban

By posted on July 18, 2019 1:40AM
FB Ad Ban

JPB Liberty is an Australian litigation funding company set up by Israelis which has prepared a global class action lawsuit by members of the #cryptocurrency industry and holders of cryptocurrency against Facebook, Google and Twitter for breach of the anti-cartel provisions of Australia’s Competition and Consumer Act 2010 (“Act”).

We’ve formed an Australian company from our home in High Tec Israel because Australian laws are more suited to prosecuting this kind of anti-competitive cartel, where huge monopoly companies get together and act to squash and destroy the little guy “, a spokesman for JPB Liberty told TR.NEWS.

Facebook, Google & Twitter have been sent legal letters putting them on notice about this claim for damages exceeding $500 billion, comprising over $350 billion in investor losses from market drops, over $150 billion in cryptocurrency exchange revenue losses and untold billions of cryptocurrency project losses.

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