A widely known cryptocurrency dealer by the identify of Cobie has given $100,000 to YouTuber Erling Mengshoel (often known as Atozy) to assist his authorized protection towards a declare made by one other YouTuber by the identify of Ben Armstrong (referred to as BitBoy Crypto).
Mengshoel acknowledged on Twitter at the moment that Armstrong is suing him due to a video Mengshoel recorded in November 2021 during which he claimed BitBoy had defrauded his viewers. Armstrong contends within the lawsuit that the video damage his fame and triggered him emotional harm.
Mengshoel requested that his Twitter followers give straight in cryptocurrency or to a fundraising drive.
Cobie initially responded by saying he would ship about $100,000
A donation of 100,000 USDC from the cryptocurrency change FTX arrived a couple of hours later, and he confirmed that the transaction had been despatched.
Mengshoel talked about accusations that Armstrong conducts paid promotions for cryptocurrency initiatives in his Twitter thread, and he expressed remorse for listeners who skilled monetary loss on account of his calls.
Shortly after Mengshoel’s tweets got here out concerning the lawsuit, Armstrong tweeted:
“You’ll be able to’t actually make up lies and accusations about folks. There are penalties for this, Since you inform two truths and one lie, that doesn’t excuse the lie.”
In later comments he refused to enter additional particulars on the recommendation of his attorneys.
Beforehand, Cobie oversaw a fundraising effort for a teenager with leukemia named J.O. This effort succeeded in elevating $800,000 from quite a few outstanding crypto figures.
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