Blockchain Associations of Russia, South Korea and China Will Sue Google, Twitter and Facebook

Together with the associations of China and Korea, the Russian Association of Cryptocurrency and Blockchain will file a class action lawsuit against a number of Internet companies, including Facebook, Google, Twitter and Yandex, due to the ban on advertising cryptocurrency and ICO. This was stated by the head of the association Yuri Pripachkin.

“We believe that this is the use of the monopoly position of these four companies that have entered into a cartel arrangement among themselves in order to manipulate the market. The ban of these four organizations led to a significant drop in the market in recent months, “ he said.

It is noted that a lawsuit will be filed in May in the American jurisdiction through the Eurasian Association of Cryptocurrency and Blockchain.

We would like to remind you that yesterday Twitter officially banned advertising of cryptocurrency in its service following Facebook and Google.

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