In a twist that could only happen in the world of cryptocurrency, a group of investors are suing various internet influencers for promoting the now-defunct FTX exchange, claiming the influencers had pushed unregistered securities. The lawsuit seeks a staggering $1 billion in damages, proving that sometimes, the best way to solve a problem is to throw money at it - or, in this case, sue for it.
Among those named in the lawsuit are BitBoy Crypto's Ben Armstrong and YouTube finance guru Graham Stephan. Armstrong claims that he never received a dime from FTX, and plans to "countersue immediately." With a legal battle brewing, we can only hope that it's more entertaining than the Mayweather vs. ...