Cryptoknowmics
2022-06-16 08:01:05

BitBoy Founder Threatened to Sue Celsius in a Class-Action Lawsuit

After appearing in an “ask me anything” (AMA) with Celsius founder Alex Mashinsky, crypto Youtuber Ben Armstrong has announced he intends to file a class-action lawsuit against the lending platform and its chief executive. Armstrong made legal threats via Twitter on June 15 and has since provided more detail in multiple threads. His issue is centered on being unable to pay down loans with existing funds on the platform instead of having to deposit new funds to pay the loans off. Armstrong added that he is now putting together all “disclosures, documents, loan details, etc.” while engaging with attorneys to determine the best course of action. Armstrong hasn’t “officially begun moving” yet, so co-plaintiffs have yet to be added. Quick thread on @CelsiusNetwork class action lawsuit developments for everyone. Obviously there are things I can't say, but I'll generally tell you where we stand. Spoke with lawyers who assisted me in past and in on-going lawsuit (wouldn't you like to know lol) — Ben Armstrong (@Bitboy_Crypto) June 16, 2022 BitBoy Crypto – Second Most Subscribed Crypto YouTube Account With roughly 1.45 million subscribers, BitBoy Crypto is the second most subscribed crypto YouTube account, focusing on market news and events. Although BitBoy Crypto has plenty of detractors, some of whom believe that he has been paid to market questionable crypto assets in the past, the channel is only second to Coin Bureau with 2.07 mil...

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