Crypto Holders File Class-Action Lawsuit Against Apple
Venmo and Cash App users unite in a class-action lawsuit against Apple, claiming that licensing agreements with the company restrict the use of decentralized cryptocurrency payments (P2P).
Venmo and Cash App users unite in a class-action lawsuit against Apple,
claiming that licensing agreements with the company restrict the use of
decentralized cryptocurrency payments (P2P).
The
lawsuit argues that such limitations force users to bear an additional
30% fee, alleging Apple's violation of antitrust laws.
Plaintiffs
seek compensation for extra charges resulting from Apple's alleged
intentional stifling of competition. Additionally, they demand Apple
either sell off or split its business segment related to payment
processing.
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