Florida Man: Judge Begged To Reverse Bitcoin Cash Fork
A Florida-based company announced a lawsuit against the leading figures of Bitcoin Cash over the BCH fork which occurred last month.
Florida may well be blessed with Americaās deepest reserve of unexpected comedy*. From drunken joyrides on Walmart scooters to armed Pizza Robberies, from wrestling gators to equine courtships, residents of the Sunshine State have provided a never-ending supply of unintentionally hilarious headlines.Ā
Now the āWorldās Worst Superheroā is stepping into the cryptocurrency business. In a press release yesterday, a Florida-based company announced a lawsuit against the leading figures of Bitcoin Cashāincluding Roger Ver, Amaury Sechet, Jihan Wu, Kraken and Bitmaināover the Bitcoin Cash fork which occurred last month. Miami-based āUnited American Corpā says that the defendants ācolluded to effectively hijack the Bitcoin Cash networkā by using rented hash power and preventing chain reorgs during the hard fork last month.Ā
Ā In a BriefĀ filed in the US District Court for Southern Florida, UnitedCorp accused Bitmain et al. of violating the Sherman and Clayton Acts, which prohibit competitors from forming ātrustsā to manipulate prices.Ā
Attorneys for the Plaintiff asked the court for an injunction against Bitcoin ABC from any action that āwould prevent the resulting chains from being able to beĀ re-merged,ā as well as an unstated amount of damages and interest.Ā
In preparation for the suit, lawyers for the asshats plaintiffs martialed a mass of evidence, including YouTube screenshots and the entire text of the Bitcoin white paper.Ā
Sticklers will point out that this may not be a true Florida Man sighting, since most of UnitedCorp’s C-suite “executives” are based in Quebec. However, the Francophone province has been called the “Florida of Canada.”
The news moving money, markets, and the world—before your day starts.
Daily. Free. Join 34,000+ readers across crypto, finance, and policy.
Ā “In order to maintain confidence in cryptocurrencies such as Bitcoin Cash, no person or entity can be allowed to control them,ā said UnitedCorp CEO and aspiring Florida Man Benoit Laliberte, in a press release detailing his demand for courts to take control over the cryptocurrency.Ā
The press release does not disclose how many of Pabstās Blue-Ribbon potations were involved when the lawsuit was launched, or if the CEOās comments were preceded by the wordsĀ āHold My Beer.āĀ
This is not the first time UnitedCorp ventured into the area of corporate law. Last year the company āwhich counts its quarterly profits in tens of thousands of dollarsāissued āCease and Desistā orders against two internet giants, claiming that Facebookās Frames and Instagramās Geostickersā infringed on UnitedCorp patents.Ā
As far as we can tell, Facebook and Instagram are still going strong.
*We were going to insert a facetious remark about Washington D.C. here, but remembered just in time that Mar-a-Lago is, in fact, also in Florida.
The author owns Bitcoin and Bitcoin Cash, which are mentioned in this article.Ā