![JPB Liberty Logo](https://files.peakd.com/file/peakd-hive/jpbliberty/rX90hcjt-JPB20Liberty20Logo20w20hive.png)

# JPB Liberty - PRESS RELEASE ### Embargo Ends: August 16th 2020 6:00 AM GMT **Australian lawyer, Andrew Hamilton, filed a ground-breaking class-action lawsuit against Facebook Inc. and Google LLC (“Respondents”) in the Federal Court of Australia.** **This multi-hundred-billion dollar lawsuit alleges that the Respondents’ ban on cryptocurrency related advertising in early 2018 (“Ad Ban”) was anti-competitive and cartel conduct under sections 45 & 45AK of the Competition and Consumer Act 2010 (“Act”) which caused enormous damage to the entire cryptocurrency/blockchain industry and millions of investors.** Andrew Hamilton is a self-representing lead-plaintiff in this case arranged by JPB Liberty and assisted by external lawyers. **Mr Hamilton will shortly be seeking a “No Adverse Cost Order” under new provisions in section 82 of the Act specifically introduced to allow small business take on big business anti-competitive conduct.** These provisions allow the Court to dispense with the usual rule that the loser pays the winner’s costs in competition law cases of broad import where a major disparity in financial resources might deter a smaller applicant from bringing proceedings. Cases don’t get more important than an anti-competitive cartel of the biggest companies on earth trying to crush startup businesses who use paradigm-shifting, new technology like blockchain to compete with the Respondents’ core businesses. Financial disparities don’t get bigger than a self-representing father of five against the A$250 billion war chest and $75 billion annual income of the Respondents. ### Background On 30 January and 14 March 2018, Facebook and Google announced their respective Ad Bans. With each announcement the cryptocurrency markets plunged: 53% for Facebook and 30% for Google. The Crypto Winter had arrived, courtesy of a Big Tech Cartel. The Court filings allege that the Ad Ban was a blatantly anti-competitive attack by virtual monopolists on their nascent competitors in the blockchain space. It did immense harm to cryptocurrency investors and the huge number of legitimate projects trying to create a better, decentralised, internet. Banning an entire industry from its main modes of advertising dramatically cut demand, strangling investment and adoption - the markets reacted accordingly. ### Sign-up to Class Action closes 21 August 2020 JPB Liberty is providing financial support to Andrew who is bringing this class action on behalf of holders of a major cryptocurrencies and suppliers of cryptocurrency related goods and services. All persons who held cryptocurrency during 2018 and 2019 and all cryptocurrency/blockchain projects affected by the Ad Ban are eligible to join the Class Action on a no-win no-fee basis at www.jpbliberty.com, but only until 21 August 2020. This [recent coverage in the Daily Mail](https://www.dailymail.co.uk/news/article-8444385/Google-Facebook-Twitter-sued-Australian-class-action-cost-300-billion.html) contains additional detail and you can find more information on our website jpbliberty.com and our Hive blog: https://hive.blog/@jpbliberty/posts. Full court documents can be found, [linked here](https://bit.ly/courtdocs1). You can also [read extracts from the specific Australian Laws we cite in our case here](https://peakd.com/cryptoclassaction/@brianoflondon/what-are-the-actual-provision-of-law-in-australia-which-we-use-in-our-case-against-facebook-google-and-twitter). ![Brian Bishko (left) and Andrew Hamilton of JPBLiberty](https://files.peakd.com/file/peakd-hive/jpbliberty/NSiiXQTj-Brian20Bishko20Andrew20Hamilton20of20JPBLiberty-colour20corrected.jpg) ---- - [Click here for full instructions for signing up for our case are in this post.](https://peakd.com/freedom/@jpbliberty/how-to-sign-up-for-the-crypto-industry-class-action-against-facebook-google-and-twitter-completely-anonymously) - [Direct link to the Signup Form](https://jpbliberty.formstack.com/forms/class_member_signup?Referral=hive)