FTX influencers in difficulties, while consultants collect $ 103 million in the first quarter

FTX influencers in difficulties, while consultants collect $ 103 million in the first quarter

A handful of influencers who are famous for their personal financial expertise on YouTube are hunted hard by victims who lost their assets in the collapse of FTX.

One of them is the crypto youtuber Tom Nash-a lawsuit was sent to him via a tweet after a judge of the district court of Florida from the Moskowitz law firm had given permission to comply.

served on Twitter

Nash, a resident of Sydney, is one of the ten defendants who are mentioned in a class action lawsuit in which it is claimed that influencers have played an “important role” in the FTX scandal. It also means that the crypto exchange would not have risen to such heights without its support and its "hype". Although these influencers advertise and in return are “considerable”, they failed to disclose their remuneration.

@amtomesse Collection against you in the Southern District of Florida, the following was sent to you: https://t.co/28yjq2sky5

- The law firm Moskowitz (@moskowitzesq) 2. May 2023

Nash was the only refused among the various defendants, including Kevin Paffrath, Graham Stephan, Andrei Jikh and Jaspreet Singh.

In addition, the Youtuber and Crypto twitter personality Ben Armstrong (also known as Bitboy Crypto), who was also mentioned in the lawsuit, missed a appearance ordered by a federal judge last month. He even went so far openly mock the Federal judge and tweeted pictures of itself on the beach the same day when he was intended for an ordered court date.

The main attorney, which in this case represents-Moscowitz-claimed that Armstrong had assumed the legal team with "endless phone calls, tweets and emails", voicemails "full vulgarities" and social media contributions. The judge later banned this Twitter about Moskowitz Case.