A court has ordered Ben Armstrong, formerly known as the cryptocurrency influencer ‘BitBoy,’ to pay $2.8 million in damages to celebrity investor Kevin O’Leary. The judgment concludes a defamation lawsuit filed by the ‘Shark Tank’ star following a series of public accusations made by Armstrong regarding O’Leary’s involvement with the collapsed FTX exchange. The court found that Armstrong’s claims—which suggested O’Leary engaged in criminal misconduct and fraud—were baseless and caused significant harm to his professional reputation. The $2.8 million award includes compensation for legal fees and reputational damages. Additionally, the ruling prohibits Armstrong from repeating the defamatory statements in the future.
Source: Kevin O’Leary wins $2.8M defamation suit against Ben Armstrong



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