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FTX News: Prominent crypto influencer who goes by the alias Bitboy Crypto on YouTube, tweeted his absence for a court appearance in the ongoing FTX case. As a former influencer for FTX, Bitboy is said to have made threats to an attorney who is representing a proposed class of investors in the defunct cryptocurrency exchange.
Bitboy Mocks His Absence From Court
According to Armstrong’s tweets, he appears to be vacationing in the Bahamas as he has been posting photographs of himself at the beach while mocking his absence from the court. In response to tweets criticizing his move, Armstrong claims that he has “real lawyers who actually know how to practice law unlike the ambulance chasing Adam Moskowitz, implying that Armstrong’s legal team approved his decision to skip court.
I am supposed to be in court today.
I’m not. Why?
Because I don’t give AF
RECKLESSNESS SPONSORED BY https://t.co/RtFomcGS5v pic.twitter.com/t9XqsNd6da
— Ben Armstrong (@Bitboy_Crypto) April 20, 2023
However, U.S. Magistrate Judge Melissa Damian has stated that she will be referring BitBoy Crypto (aka Ben Armstrong) for criminal harassment of plaintiffs’ attorney Adam Moskowitz to the FBI. Although Jason Rindenau, who represents Armstrong, stated that his client’s behavior “falls within the realm of protected speech,” Judge Damian stated that Armstrong’s acts go beyond that threshold and constitute threats.
Read More: US Fed Governor Waller Sees Potential In Crypto For Settlements
Armstrong Faces Contempt Of Court Charges
Armstrong appeared to violate the injunction just a few minutes after the court was adjourned by tweeting to his one million followers: “Guys i missed court but still ran into adam moskowitz and we made up!” He also included images of himself with a pig in the tweet.
In the class action lawsuit filed against Armstrong and other defendants, the plaintiffs allege that the defendants deceived investors by providing clients with financial advice and actively marketing FTX products without revealing any remuneration deals with the company. The investors claim that they suffered losses as a result of the decline in value of unregistered securities following FTX’s bankruptcy filing in December of last year.
During the hearing that took place on Thursday, Moskowitz informed the court that he had received emails directly suggesting that Armstrong was coming after him as well as phone calls warning him of getting shot. If Bitboy fails to appear in court as required, he might be charged with contempt of court.
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