The Bitcoin Human Rights case could help change that if the court finds that Mr. Flynn has been discriminated against because of what he has done for his job.
In court documents, lawyers for Mr. Flynn state: “The plaintiff holds a ‘protected attribute’ within the meaning of … the law because he is a cryptocurrency trader; and cryptocurrency trading is a “profession, commerce, occupation or vocation”.
If successful, the complaint could lead to actions by various categories of workers who have fallen victim to bankruptcy, including sex workers and adult performers.
“On one occasion, an elderly customer was refused payment and kicked out of his local branch by the manager proclaiming to him and the other customers in attendance, ‘Bitcoin is a fraud. “‘
Mr Flynn’s attorney, Richard McGilvray, of the Lexmerca law firm, said in a statement: “I cannot comment as this case is in court, but I look forward to defending Mr Flynn on this. important question”.
At the end of June, Mr Flynn gave more details about his debanking experience in a Senate inquiry submission, explaining that shortly after setting up his cryptocurrency trading platform in 2017, the banks opposed him.
“Within days, I received a phone call from my major banking service provider insinuating that I was a fraudster, accompanied by the abrupt closure of the account opened for the company. By the end of my first year in business, several accounts had been closed by each of the Big Four banks, limiting my operations and the growth of my business. “
He gave a list of what he described as “extremely bad conduct” by banks against his customers, his business and his family.
“On one occasion, an elderly customer was refused payment and kicked out of his local branch by the manager proclaiming to him and the other customers in attendance, ‘Bitcoin is a fraud. “
“Another bank closed my brother’s term account without warning just because I was a signatory, for family supervision.
“After removing me from the bank in 2019, the same bank contacted my new banking provider with unknown information, which prompted the second bank to close my account.”
Mr. Flynn’s submission to the Senate inquiry did not name any bank.
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