Technology company United American Corp (UnitedCorp) has filed a lawsuit against Bitmain, stock market Kraken, portal Bitcoin.com Roger Faith, and others who are involved in «well-planned scheme to seize control of the Bitcoin network Cash». This was reported on the website of the Corporation.
Representatives UnitedCorp argue that the actions of the defendants caused «the collapse of the global capitalization of the Bitcoin Cash». These actions, the company said, was aimed at enriching the aforementioned market participants to the detriment of others.
The company website also shows a diagram of the above actions of market participants:
The events described are related to recent hardforum Bitcoin Cash, which resulted in the network of this cryptocurrency divided into two competing chains. After hard forks, according to UnitedCorp listed in the lawsuit companies and individuals have taken control of Bitcoin Cash, violating «mentioned in the whitepaper, Nakamoto consensus rule, as well as creating significant uncertainty and undermining confidence in the network».
«In UnitedCorp believe that the defendants had conspired to effectively capture the network of Bitcoin Cash, and after the 15 Nov update», — stated in a press release.
The company believe that these actions were aimed at the centralization of the network BCH. Also UnitedCorp claim that on 20 November a team of developers of Bitcoin ABC implemented a «poison pill» in the blockchain. It was presented as a «response to a profound reorganization». These actions, the company was, in fact, aimed at strengthening control over the network and future updates.
UnitedCorp requires injunctive relief prohibiting the defendants to engage in future activities that harm the Bitcoin network Cash. In addition, the company intends to obtain compensation for damages, the amount of which will be installed in the courts.
Note that the resulting scriptactive Bitcoin hard forks to the SV came in fifth place in the ranking of the market capitalization of CoinMarketCap:
As you can see, Bitcoin exchange rate SV is growing despite the General market decline. In recent days the price of BSV increased by 21%, and the capitalization of the asset is close to the mark of $2 billion.
The main competitor BSV — Bitcoin — Cash- for the last day fell by 16.5% and was fixed at the 7th position of the rating.
Recall that one of the incentives for strong growth in Bitcoin SV was the statement of its developers on their own road map and waiver to the original chain Bitcoin Cash.
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