Friday, October 18, 2024
HomeCryptocurrencyFTX Influencers Face $1 Billion Class-Motion Lawsuit Over Alleged Crypto Fraud Promotion

FTX Influencers Face $1 Billion Class-Motion Lawsuit Over Alleged Crypto Fraud Promotion



A category-action lawsuit led by Edwin Garrison has been filed in opposition to “FTX influencers,” largely YouTubers, looking for $1 billion as a result of they “promoted the FTX crypto rip-off with out disclosing compensation.” The go well with was filed on March 15 within the Southern District of Florida Miami Division.

Kevin Paffrath, Graham Stephan, Andre Jikh, Jaspreet Singh, Brian Jung, Jeremy Lefebvre, Tom Nash, Ben Armstrong, Erica Kulberg and Creators Company LLC have been named as defendants. The Moskowitz Legislation Agency represents the plaintiffs.

In keeping with the regulation agency, the go well with is a consolidation of a number of class motion fits. Gown of the Garrison The submitting was on November 15, 2022, “and is the primary FTX-related class motion filed within the nation,” the agency mentioned.