.... I took an important step towards making them pay for their attacks on the cryptocurrency industry this morning.
Crypto Class Action Update
Its been a long while since I had news to report on the progress of the Crypto Class Action against Facebook and Google - seeking massive damages for their banning of cryptocurrency related ads in early 2018.
You can find earlier updates in this Curated Collection.
Crypto moves so quickly - in dog years; while the Courts move slowly - in elephant years!
After 9 months of waiting for a substantial hearing on our interlocutory application for leave to serve Facebook & Google in the US, I finally got time before the new Judge on 24 September 2021.
In a little over 2 hours I got through 7 pages of my 25 page submissions (which you can read here - part 1 and here -part 2).
Yes, they were too long even to be put in a single Hive post!!!
This morning, the hearing continued and in a little over 3 hours I got through a further 11 pages.
Next Monday morning I have a further 2 hours scheduled to finish the final 7 pages of my submissions.
Then the Court will make a decision whether or not I have a prima facie case against Facebook and Google and I can serve the proceedings on them in the USA.
The decision will probably be reserved and take some weeks or months to be published because as the Judge has noted, both the subject matter and the nature of the claim itself are particularly complex and unique.
While I'm sure you are saying: "You've been in Court for over a year and haven't served proceedings on Facebook or Google yet!!!", there has been a lot more progress than it might seem.
There are a number of factors that have made it very important to take the time to methodically and clearly go through every issue and spend face time with the Judge explaining everything and answering her questions.
Private competition law enforcement actions are quite rare in Australia and self-represented litigants bringing major class actions even rarer - it is important to establish credibility, competency and expertise.
Cryptocurrency and blockchain technology is a new subject matter that the Courts have no experience with and online advertising is also still a relatively new subject matter for the Courts.
A number of the legal provisions I am using are quite new and have never been litigated before and others, while well established, have recently been restructured or extended. So there is a lot of new legislative language for the Court to deal with.
For all the above reasons, when the judgement is finally delivered (hopefully in my favour) it will be far more powerful, significant and historic than might otherwise be the case.
If you want to support the Class Action you can still purchase the SUFB token on Hive-Engine.
Each token gives holders a small share of the damages which (hopefully) one day will be awarded.
Please vote for my Hive witness. (KeyChain or HiveSigner)
Thanks for the update, I'm glad to know you are on the case and things are moving forward. The world is absolutely ready for this case!
Yes, its amazing how when I started this case everyone thought Facebook was wonderful and I was crazy.
Now everyone is realising that Facebook is very dangerous and way too powerful and there are legal actions and threatened new laws and political pressure coming from everywhere.
But the legal theory of my case is way stronger than anything anyone else has come up with.
Watch the copycats adopt elements of my case theory once I get some runs on the board with a judgement or two.
Excellent, I look forward to it! FB has censored me since about 2008,so I have pretty much always been well aware. Sometimes it pays to be on the cutting edge, despite the pain along the way. Thanks for all your hard work. :)
I can't imagine how difficult it will be the for courts to understand all the nuances of this... but obviously we all appreciate the time and effort you're spending on all of this. Super important precedent to set!
Just some extra flavor: I've attended every court session of this case so far and Andrew has earned considerable respect.
At the start it was clear the court didn't think much of a tiny self representing David claiming to have a case against more than 2 Trillion Dollars worth of America's biggest companies.
This has completly reversed and in the current proceedings he is representing this case in ways nobody else ever could. We would not find anyone who can argue the Australian law, market based causation and proof of work mining in the same point.
This case is ground breaking and building to be something very important for all crypto and wider out to all of tech and beyond.
I am impressed by your tenacity, and I know it takes in this kind of legal process. The slowness of justice, even if conceptually useful, is often exhausting. I had the opportunity to be involved in a simple dispute between two shareholders which lasted 8 years. 😓
Best of luck with your case!
That is strong my friend! Thank you so much for this fight on behalf of all of us!
This is awesome! I'm so glad someone is fighting those d bags. Thank you!
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I even didn't know about this. Because I was in sleep at that time. When I woke up it was already good.
Somehow I have a feeling as if you are able to be a annoyance for them.
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wonderful work
Great Job pursuing this, your efforts will benefit the cryptocurrency community.
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