Github/Microsoft could sue the beneficiary of the spam. It's clear who that is.
Binance is in legal trouble with the SEC right now.[1] Send this to the SEC lawyers going after Binance. You can find out who they are from SEC litigation announcements. If Binance can identify someone else to blame, they have a big incentive to do the work.
This very likely has nothing to do with Binance or even AltLayer. The scam is to fool someone into signing a transaction that sends their tokens to the scammer. They are using the well known name of Binance to make it look legit. Trying to sue Binance for this would be like trying to sue Apple for "You won a free iPad" scams. Also, it has nothing at all to do with the SEC's jurisdiction.
I don't think that's what the commenter is claiming. I think they want to be able to sue the companies who indirectly benefit from this kind of spam, which is pretty ridiculous.
However, crypto has become such a menace to society that it's time that governments do something about it, if they even can at this point.
I think they want to be able to sue the companies who indirectly benefit from this kind of spam, which is pretty ridiculous.
There's the legal concept of an implicit or implied conspiracy. Usually comes up in antitrust law, where sellers raise prices at about the same time without actually getting together to talk about it.[1][2]
It's a difficult area of law.
Comments
Github/Microsoft could sue the beneficiary of the spam. It's clear who that is.
Binance is in legal trouble with the SEC right now.[1] Send this to the SEC lawyers going after Binance. You can find out who they are from SEC litigation announcements. If Binance can identify someone else to blame, they have a big incentive to do the work.
[1] https://www.reuters.com/legal/binance-heads-court-seeking-di...
This very likely has nothing to do with Binance or even AltLayer. The scam is to fool someone into signing a transaction that sends their tokens to the scammer. They are using the well known name of Binance to make it look legit. Trying to sue Binance for this would be like trying to sue Apple for "You won a free iPad" scams. Also, it has nothing at all to do with the SEC's jurisdiction.
What proof is there that binance did this?
I don't think that's what the commenter is claiming. I think they want to be able to sue the companies who indirectly benefit from this kind of spam, which is pretty ridiculous.
However, crypto has become such a menace to society that it's time that governments do something about it, if they even can at this point.
Shall we sue banks for being mentioned in some scammy same-day loan ad too? Wouldn't that be a sight.
One person's menace is another person's salvation :)
There's the legal concept of an implicit or implied conspiracy. Usually comes up in antitrust law, where sellers raise prices at about the same time without actually getting together to talk about it.[1][2] It's a difficult area of law.
[1] https://scholarship.law.wm.edu/cgi/viewcontent.cgi?article=2...
[2] https://scholarship.law.duke.edu/cgi/viewcontent.cgi?article...