July 22, 2020 Lawsuit by cryptoasset business owners against Google, Twitter, and Facebook amasses $600 million in claims.

A lawsuit representing Australian cryptoasset business owners, claiming that Google, Twitter, and Facebook’s banning of cryptoasset-related advertisements cost their companies significant revenue, has amassed US$600 million, or A$872 million in claims. The suit is reportedly being represented by JPB Liberty, a law firm based in Sydney, and is now being reviewed by a senior barrister.

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