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

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

Key Takeaways

  • Cobie has donated $100,000 to a YouTuber identified as Atozy to help him shield himself against a BitBoy Crypto lawsuit.
  • BitBoy Crypto, precise name Benjamin Armstrong, sued Atozy for defamation and emotional injury, soliciting for $75,000 in damages.
  • The enlighten off of the lawsuit is a nine-month-stale YouTube video that sees Atozy sign Armstrong a “dirtbag” and a “scammer.”

Benjamin Armstrong, the crypto persona in the support of the BitBoy Crypto YouTube channel, is asking Atozy for $75,000 in damages.

Cobie Donates $100,000 to BitBoy Crypto Lawsuit Defendant

Cobie has despatched Atozy $100,000 to fight a lawsuit from BitBoy Crypto. 


— Cobie (@cobie) August 24, 2022

The in trend crypto persona and host of the UpOnly podcast Cobie donated the six-figure sum to YouTuber Atozy to help him fight a “frivolous” lawsuit from Benjamin Armstrong, the crypto influencer greater identified as BitBoy Crypto.

In preserving with Atozy, the lawsuit pertains to a nine-month-stale YouTube video titled “This Youtuber Scams His Followers… BitBoy Crypto,” the attach he known as Armstrong a “shady dirtbag” and a “scammer” for selling a dubious crypto challenge known as PAMP. 

A snippet of the lawsuit published by Atozy in a YouTube video this present day reveals that Armstrong is suing for “defamation, defamation per se, intentional infliction of emotional injury, negligent infliction of emotional injury, tortious interference with change relatives or doable change relatives, violation of uniform unfounded practices act, and violation of unbiased change practices act.” The lawsuit additional claims that Armstrong had “sustained damages in far extra than $75,000” attributable to Atozy’s alleged defamation.

In response to the lawsuit, Atozy asked his Twitter followers to help him fight the case by donating to his crowdfunding advertising and marketing campaign. “I’m crowdfunding to help duvet the insane costs of defending myself against this frivolous lawsuit,” he acknowledged in a Tuesday tweet storm, leaving his Bitcoin and Ethereum addresses for donations.

Cobie, who has donated appreciable sums of crypto to a broad selection of causes in the previous, answered that he would send “100k or somethin” when he became at his laptop. Soon after, a 100,000 USDC transaction from crypto change FTX to Atozy’s wallet came via, and Cobie confirmed that he had despatched the money. 

Armstrong runs BitBoy Crypto, the largest crypto YouTube channel with over 1.44 million subscribers, the attach he promotes questionable crypto initiatives that in general fail or severely underperform the market. In a CNBC interview this month, Armstrong acknowledged that he regretted taking money from crypto firms to promote their products.

Disclosure: On the time of writing, the creator of this article owned ETH and several other cryptocurrencies.

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