Thu. Oct 29th, 2020

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Direct Apollo Partnership And Use Cases

$100M Apollo APL Lawsuit v. Jelurida NXT Cryptocurrency and Blockchain

2 min read

When enough is enough, someone has to stand and put a stopping to a mischievous and continuous situation. Apollo Fintech is heading to the courts with a $100M Apollo APL lawsuit v. Jelurida NXT for damages to Apollo reputation and wrongful charges for codes they do not own.

Reputation harm is a claim that business suffered loss as a result of what you said about them. It might include things like libel, slander or advertising injury. … The cost of reputation damage can sometimes be significant.”

Yes, we are suing them (Jelurida NXT) for $100 million for that exactly. They are going to pay for making maliciously slanderous statements. Click To Tweet

On numerous occasions in the past when potential investors searched Apollo APL, numerous articles were displayed portraying Apollo APL as either a scam or questionable.

The Apollo legal team is confident of winning this case and it should not prolong for years like most lawsuits.

This is a developing story we are following. As soon as more information is available we’ll publish here.

They don’t have the programming sophistication to do sharding or 2 second blocks, in fact our devs were not happy with our decision to use NXT because their code was not organized at all and they knew we would have to refactor everything. Click To Tweet

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