• Bitboy, a crypto influencer, is named in a $1 billion lawsuit against FTX promoters.
• Plaintiff lawyers have accused him of harassment and the court has ordered him to appear in court with his lawyer on April 20.
• Bitboy refused to comply with the court order and stated that he will not show up in court.
Bitboy Named in $1B FTX Lawsuit
Bitboy was named as a defendant in a $1 billion lawsuit against allegedly sponsored FTX promoters. The plaintiff lawyers have accused him of harassment, leading to the United States District Court for the Southern District of Florida ordering him to appear with his attorney on April 20.
Bitboy Refuses Court Order
In response to the court order, Bitboy took to Twitter stating that he will not comply and referred to it as an “inconvenience”. This prompted criticism from many crypto community members who suggested that he risks being charged with contempt by ignoring the court order.
Crypto Community Reacts
Several Twitter users commented on Bitboy’s decision not to comply with the court order, suggesting it was ill-advised and risky. Australian commercial lawyer Bill Morgan implied that Bitboy was making a mistake but wished him luck, albeit somewhat sarcastically.
FTX Collapse Aftermath
The collapse of FTX has been met with plenty of blame from former executives to celebrities and crypto influencers who promoted the exchange and its token, FTT. As reported by DailyCoin last month, prominent crypto influencer Ben “Bitboy” Armstrong was named in one such lawsuit for allegedly engaging in undisclosed paid promotion of FTX and FTT.
Conclusion
It remains unclear whether or not Bitboy will face any consequences for disregarding the court summons or if there are further developments concerning this case yet to come out into public knowledge.