FTX YouTube Influencers Sued for Up to $1BMarch 24, 2023 at 11:20 AM EDT
The collapse of Sam Bankman-Fried’s FTX last year continues to cause reverberations, with the most recent being the filing of a class-action lawsuit against YouTube influencers who were vocal in promoting FTX to their followers. The plaintiffs want the court to award them damages worth $1 billion dollars. Edwin Garrison is the leader of the plaintiffs, who filed their suit in Miami Division in Southern Florida on March 15, 2023. The suit alleges that the influencers actively promoted the cryptocurrency fraud executed by FTX, and that those influencers didn’t disclose that they were being compensated for… About CryptoCurrencyWire CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge. To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only) For more information, please visit https://www.cryptocurrencywire.com Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer CryptoCurrencyWire (CCW) CryptoCurrencyWire is part of the InvestorBrandNetwork. More NewsView More
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