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Crypto Whale Donates $100,000 to YouTuber Fighting a BitBoy Lawsuit

Key Takeaways

  • Cobie has actually contributed $100,00 0 to a YouTuber called Atozy to assist him protect himself versus a BitBoy Crypto claim.
  • BitBoy Crypto, genuine name Benjamin Armstrong, took legal action against Atozy for disparagement and psychological distress, requesting $75,00 0 in damages.
  • The factor for the suit is a nine-month-old YouTube video that sees Atozy label Armstrong a “sleazebag” and a “fraudster.”

Benjamin Armstrong, the crypto character behind the BitBoy Crypto YouTube channel, is asking Atozy for $75,00 0 in damages.

Cobie Donates $100,00 0 to BitBoy Crypto Lawsuit Defendant

Cobie has actually sent out Atozy $100,00 0 to eliminate a suit from BitBoy Crypto.

Sent

— Cobie (@cobie) August 24, 2022

The popular crypto character and host of the UpOnly podcast Cobie contributed the six-figure amount to YouTuber Atozy to assist him combat a “pointless” claim from Benjamin Armstrong, the crypto influencer much better called BitBoy Crypto.

According to Atozy, the suit relates to a nine-month-old YouTube video entitled “This Youtuber Scams His Fans … BitBoy Crypto,” where he called Armstrong a “dubious sleazebag” and a “fraudster” for promoting a suspicious crypto task called PAMP.

A bit of the claim exposed by Atozy in a YouTube video today reveals that Armstrong is demanding “libel, libel per se, deliberate infliction of psychological distress, irresponsible infliction of psychological distress, tortious disturbance with service relations or prospective service relations, offense of consistent misleading practices act, and offense of reasonable organization practices act.” The suit even more declares that Armstrong had “continual damages in excess of $75,00 0” arising from Atozy’s supposed disparagement.

In action to the claim, Atozy asked his Twitter fans to assist him combat the case by contributing to his crowdfunding project. “I’m crowdfunding to assist cover the ridiculous expenses of protecting myself versus this unimportant suit,” he stated in a Tuesday tweet storm, leaving his Bitcoin and Ethereum addresses for contributions.

Cobie, who has actually contributed substantial amounts of crypto to different causes in the past, reacted that he would send out “100 k or somethin” when he was at his computer system. Not long after, a 100,00 0 USDC deal from crypto exchange FTX to Atozy’s wallet came through, and Cobie validated that he had actually sent out the cash.

Armstrong runs BitBoy Crypto, the biggest crypto YouTube channel with over 1.44 million customers, where he promotes doubtful crypto jobs that frequently stop working or significantly underperform the marketplace. In a CNBC interview this month, Armstrong stated that he was sorry for taking cash from crypto business to promote their items.

Disclosure: At the time of composing, the author of this post owned ETH and numerous other cryptocurrencies.

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