• FTX Investor Files $1 Billion Lawsuit against YouTube Crypto Influencers
• Adam Moskowitz, the lawyer leading the class action suit, reports that Ben Armstrong is harassing him
• Armstrong allegedly made 21 transcribed calls to Moskowitz and sent threatening tweets and emails
FTX Investor Files $1 Billion Lawsuit
Edwin Garrison, a private investor and victim of the FTX collapse, has filed a lawsuit against Sam Bankman-fried, the CEO of FTX. Subsequently, he launched a class action lawsuit against several popular YouTube influencers like Graham Stephan, Ben Armstrong, Andrei Jikh, Jaspreet Singh and others for promoting a fraudulent cryptocurrency exchange. Additionally, celebrities such as Shaquille O’Neal, Kevin O’Leary and Tom Brady have also been sued due to their failure to disclose they were being paid to promote this product.
Adam Moskowitz Reports Harassment by BitBoy Crypto
Adam Moskowitz is an attorney who leads the class action lawsuit. He filed with the court on March 20th that after filing the initial lawsuit last week Ben Armstrong has been harassing him with consistent phone calls emails and tweets. Exhibits of vulgar language and insults have been attached in order to prove these allegations.
Federal Trade Commission Guidelines Ignored
The Federal Trade Commission (FTC) guidelines state that content creators, influencers and celebrities must disclose if they are being paid to promote a product or carry out due diligence on it before endorsing it. However these defendants did not follow these rules when they were paid millions by FTX to encourage unsuspecting followers into investing in their product without disclosing any information regarding payments or compensation.
Details of Harassment Allegations Against BitBoy Crypto According to Moskowitz’s filing on March 20th Ben Armstrong has been making 21 transcribed calls using an anonymous number as well as sending threatening tweets and emails in order to harass him privately and publicly.
Conclusion
The FTC rules state that all content creators should be transparent about any payments or endorsements they receive in order for them not to be held liable for fraud cases such as this one. All parties involved have now been sued due to their failure in following these guidelines which could potentially result in serious consequences for those found guilty of wrongdoing.