RAKIB will obtain from Facebook the abolition of the ban on advertising ICO

Russian Association of cryptocurrency and blockchain (RAKIB) will not abandon the lawsuit against Facebook banning advertising of crypto-currencies, despite the fact that the social network canceled it, said the President RAKIB Yuri Pripachkin. In his opinion it is the active behavior of the public forced the company to reconsider its policy.

«We will continue the preparation of the trial, since Facebook didn’t cancel the restriction on advertising on ICO and binary options and dodavit the company. Will adjust slightly our legal position,» he said.

According to the President of RAKIB on the decision of the American social network was influenced by the joint actions of the Russian Association and Eurasian Association of blockchain and cryptocurrency, composed of representatives of kriptonyte Russia, Korea and China.

«Our lawyers are preparing a lawsuit. In Facebook’s pre-assessed and realized that they have a legally incorrect position, so to avoid the development of the judicial process at the international level with RAKIB and the Swiss Association of cryptocurrency they prefer to go back on their word,» said Pripachkin.

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