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FTX influencers face $1b fraud lawsuit over crypto promotion.

Mar 17, 2023 · 1 min read · 145 points
FTX influencers face $1b fraud lawsuit over crypto promotion.
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The Moskowitz Law Firm represents the plaintiffs in a class-action lawsuit led by Edwin Garrison against "FTX influencers," mainly operating on YouTube.

Highlights

  • The Moskowitz Law Firm represents the plaintiffs in a class-action lawsuit led by Edwin Garrison against “FTX influencers,” mainly operating on YouTube.
  • The lawsuit alleges that these influencers promoted FTX crypto fraud without disclosing compensation and seeks $1 billion in damages.
  • The suit was filed on March 15 in the Miami division of the southern district of Florida, and the respondents named in the suit include Kevin Paffrath, Jeremy Lefebvre, Tom Nash, Andrei Jikh, Jaspreet Singh, Brian Jung, Ben Armstrong, Erika Kullberg, Graham Stephan, and Creators Agency LLC.
  • The potential class damages in this case could exceed $5 billion.

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