Founder of ThinkComputer and FaceCash and self-proclaimed co-founder of Facebook, Aaron Greenspan, is suing several major “money services businesses” over alleged violations of the California Money Transmission Act and the Bank Secrecy Act, reports The Next Web.
The list of defendants in Greenspan’s suit includes the likes of Facebook, Dwolla, Square, Coinbase, PayPal, Airbnb and others. Greenspan is also targeting the investors of such companies, naming Andreessen Horowitz, Y Combinator, A-Grade, Kleiner Perkins Caufield & Byers, Sequoia Capital and others as well.
As The Next Web notes, Greenspan has previously sued the likes of Google, Sony Pictures, Random House, Facebook and the State of California.
Read the full story here.
UPDATE: A previous version of this story misidentified “Aaron Greenspan” as “Allen Greenspan.” This has now been corrected.
