Offer and counter offer: dueling settlement offers in the Crypto Cl...

It's been a long time since I updated with a video on the #CryptoClassAction Law Suit which Hive account@apshamilton Hive account@jpbliberty has been fighting in Australia for years now.

We're heading into a hearing for "leave to appeal" (i.e. permission to appeal) and (finally) about our no adverse costs order which we've been trying to have heard since the very beginning. This is the order which Australian law allows a court to decide that a case on competition law is important to many people and should be heard without the side bringing the case being liable for the other side's costs if they lose. Andrew's case seems to be a perfect fit for this law.

In advance of that, Andrew received a settlement offer from both Facebook/Meta and Google. In turn, today, Andrew has proposed that he will issue a counter offer.

In this video I give a background explanation of what's going on here and I hope this helps demystify some of the language here.

The long and the short of it is Google and Facebook are trying to crush Andrew with legal bills and hoping that offering to let him off paying for their massive legal teams will buy him off whilst offering nothing for our class members.

Andrew is not accepting that and if they want him to stop the case they'll have to cease banning crypto advertising and at least partially make good on the damages they caused to those who signed up for our class.

As they say: the case continues....

Value for Value

For the last few months while building Hive account@v4vapp I was generously supported by the DHF. Going forward I have a much more modest support which covers direct server costs and a little of my time.

If you appreciate the work I do on and around Hive, you can express this directly: upvoting posts on Hive is great. Also consider a direct donation (there's a Tip button on Hive or a Lightning Address) on all my posts.