Technology

Forrest Denies Facebook’s Demand for Crypto Scam Court Files – Crypto News

Published

2 years ago

October 2, 2023

Dripp

In a recent courtroom face-off, billionaire Andrew Forrest has pushed back against Meta’s subpoena demanding access to his legal team’s confidential emails and funding details concerning his crypto scam lawsuit against the company. This heated confrontation follows Forrest’s accusation against Meta, previously known as Facebook, for unlawfully allowing scam ads featuring his image, thereby contravening Australian anti-money laundering legislation.

Forrest took his grievances to court in 2022 after an unsuccessful attempt to reach out to Meta’s founder, Mark Zuckerberg. The dispute, simmering since early 2019, saw Meta pleading not guilty to three counts of recklessly dealing with the proceeds of crime exceeding $1000 in value.

Legal Tussle Sees Meta on a Document Hunt

On July 10, 2023, Meta propelled the courtroom drama into a charged document exchange, relentlessly seeking at least six files from Forrest’s camp. These files span various areas, including litigation funding details, third-party ad reports, and uncensored emails among Forrest’s legal personnel. However, this aggressive move met stiff resistance on Monday, with Forrest’s lawyer, Rachael Young, staunchly defending the privacy of these documents, labeling Meta’s demands as oppressive and abusive.

Young emphasized that Forrest has already supplied 18 folders of substantial evidence, underscoring the exhaustive two-year disclosure process. She further stressed that the documents Meta pursues are irrelevant to the ongoing case.

Contrarily, Meta’s counsel, Paul Yovich, expressed skepticism over the state’s full compliance with disclosure mandates. He elucidated their persistent effort to pinpoint the required documents, explaining the necessity of each in clarifying murky courtroom waters.

Additionally, Meta seeks liberation from a court directive restricting the utilization of documents obtained from a distinct lawsuit Forrest is concurrently navigating in California. This segment of the legal tangle further intensifies the tension between the two as they spar over the documentation disclosure.

ACCC Steps into the Fray

Moreover, Meta finds itself in hot water with the Australian Competition and Consumer Commission (ACCC), facing accusations of misleading conduct via scam ads starring notable Australians. Although that case continues, the documents provided likely bolster Forrest’s criminal suit.

The courtroom drama pauses momentarily as Magistrate Melita Medcalf adjourns the hearing, with a ruling anticipated on November 20. Meanwhile, the battle escalates to the District Court, promising more high-stake confrontations in this unique intersection of social media and cryptocurrency fraudulence.