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A federal judge in San Francisco has dismissed a consumer lawsuit accusing Apple of driving up fees at platforms such as Venmo and Cash App by prohibiting payment apps from implementing cryptocurrency transactions https://t.co/OJfGV1P0rZ
Frivolous cryptocurrency App Store payment lawsuit killed by judge https://t.co/Rvv64Z9kq6 #Apple
US District Judge Vince Chhabria dismissed a proposed class action against Apple, calling it 'speculative' and said it 'suffers from several fatal problems.' Chhabria gave the plaintiffs 21 days to amend their complaint https://t.co/7yHctludhj https://t.co/iaEj88beCS
A federal judge in San Francisco dismissed a consumer lawsuit against Apple, which accused the tech giant of inflating fees on platforms like Venmo and Cash App by preventing payment apps from incorporating cryptocurrency transactions. The lawsuit alleged that Apple's policies on instant transfer fees and its skepticism towards cryptocurrency were anticompetitive. US District Judge Vince Chhabria labeled the case as 'speculative' and highlighted several critical flaws, leading to its dismissal. The plaintiffs have been given 21 days to amend their complaint.
