On August 13, Australian law firm Law firm JPB Liberty filed a class action lawsuit against Facebook and YouTube for the banning of cryptocurrency advertisements on their platforms in 2018.

• Case has been filed in the Federal Court of New South Wales
• Speaking to CoinTelegraph, JPB Liberty CEO Andrew Hamilton said that the two platforms enacted the ban to crush competition
• Hamilton calls the ban anti-competitive and partly responsible for the death of the ICO market
• YouTube has faced multiple lawsuits in the past few months, most notably from Ripple and its CEO Brad Garlinghouse
• Hamilton also says that majority of scams are impersonators, which is at the core of lawsuits from Ripple and Steve Wozniak
• Firm has asked for claimant sign ups until August 21, with $600 million already being claimed