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Apple Wins Crypto Antitrust Case
A federal judge dismissed a consumer lawsuit accusing Apple of driving up fees at platforms like Venmo and Cash App by prohibiting cryptocurrency transactions.
A federal judge dismissed a consumer lawsuit accusing Apple of driving up fees at platforms like Venmo and Cash App by prohibiting cryptocurrency transactions.
U.S. District Judge Vince Chhabria found the lawsuit "speculative" and gave plaintiffs 21 days to amend their complaint.
Apple denied wrongdoing and sought dismissal, arguing plaintiffs failed to show unlawful app rules or agreements.
Apple faces various antitrust lawsuits, including from the U.S. Justice Department, over alleged monopolistic practices.
Ongoing legal battles for Apple involve challenges to its iCloud storage rules and accusations of monopolizing the iPhone app market.