On
Friday, April 6, according to Russian news outlet RNS, blockchain and
cryptocurrency organizations in Armenia, Kazakhstan, and Switzerland recently
joined South Korea, China, and Russia in filing a lawsuit against Internet giants
for banning cryptocurrency-associated ads.
The
preparations to file a joint lawsuit against technology giants Facebook,
Twitter, and Google were initially revealed on Mar. 27th. Originally, the
organizations that filed the complaint involve RACIB, KOVA, as well as a Chinese
association of cryptocurrency investors, LCBT.
According
to the president of the Russian
Association of Cryptocurrency and Blockchain RACIB, Yury Pripachkin, the newest
members of the lawsuit include associations like the Kazakhstan Blockchain &
Cryptocurrency Association, Armenian Blockchain Association, and InnMind
fintech company in Switzerland.
According
to Pripachkin, in May 2018, the lawsuit will be filed in New York. Money for attorneys
will be gathered on a digital wallet that is registered in Estonia.
Facebook
banned ads associated with ICO (Initial Coin Offerings) and cryptocurrency on
January 30th and cited “deceptive or misleading promotional practices.” In the
month of March, Google followed suit and announced it’d start to block crypto-associated
advertisements in June of 2018. At March’s end, Twitter confirmed that it also will
ban crypto-associated advertisements, like Initial Coin Offerings, crypto
wallet and exchange services, unless they’re public firms.
John
McAfee, a prominent figure in the crypto community and software engineer, recently
disclosed that he charges about $105,000/ tweet to promote crypto projects and associated
products, in spite of earlier denying that his promo tweets are paid.
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us on MrSuperTrump.com to find out more
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