A lawsuit has been filed against Google in Russia after the company announced restrictions on cryptocurrency-related ads. Entrepreneur Vladimir Orehov demands a 2 billion ruble compensation from the Russian Google entity ООО «Гугл». He claims the ban will deprive him of opportunities to invest in crypto projects and find investors to fund his own business initiatives.
The news about the legal action in Moscow comes after calls in the State Duma against restricting cryptocurrency ads. The first Deputy Head of the parliamentary Legislation Committee, Mikhail Emelyanov, thinks banning crypto ads is not worth it. Despite his own mistrust of cryptocurrencies, the lawmaker believes people should have the right to make choices.