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Crypto zealots lead frivolous lawsuit against 'Apple led cartel'

Monday November 20, 2023. 10:59 PM , from AppleInsider
A group of Venmo and Square cash users has banded together to complain about instant transfer fees and industry distrust in cryptocurrency in what appears to be a frivolous lawsuit filed against Apple.Apple Cash is under fire in latest lawsuitThe lawsuit's entire claim hedges on the idea that Apple's App Store guidelines act as a horizontal competition agreement that would infringe on antitrust laws. Basically, because Apple requires cryptocurrency peer-to-peer transactions to go through an exchange, it has given itself, Block, PayPal, and Google Pay an advantage over alternatives. Read more...
https://appleinsider.com/articles/23/11/20/crypto-zealots-lead-frivolous-lawsuit-against-apple-led-c...

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