BitBoy has publicly dropped the lawsuit towards Atozy, prompting widespread reactions.
Ben Armstrong, the famous YouTuber who goes by the model title BitBoy Crypto, mentioned he had dropped the lawsuit towards one other YouTuber, Erling Mengshoel Jr. (Atozy).
BitBoy Crypto famous in a 16-minute YouTube prolog that he was dropping the go well with as a result of he by no means wished it to be made public. Nonetheless, Armstrong mentioned he didn’t notice that he had change into “so large” that if he slammed a lawsuit towards anyone, it will go viral.
“I suppose I didn’t perceive that my title is now so large that if I file a lawsuit, it is going to be discovered and made public,” Armstrong was quoted as saying in a YouTube dwell stream.
Armstrong added that he wouldn’t have gone forward with the lawsuit towards Atozy if he had recognized the matter would go public.
“We’re going to drop the lawsuit, 100%. I’m sorry this has change into public; I’m sorry that this has been misconstrued,” Armstrong mentioned.
Ripple CTO Joins Others to React to the Information
Apparently, information of Armstrong dropping his lawsuit towards Atozy has prompted widespread response throughout varied social media platforms, together with YouTube and Twitter.
Many cryptocurrency fans have been dropping feedback in regards to the matter since BitBoy made the announcement.
Apparently, David Schwartz, Ripple’s Chief Technical Officer (CTO), is among the many cryptocurrency fans who reacted to the event.
Schwartz mentioned the latest growth means that “everyone seems to be making an attempt to do the correct factor.” In keeping with Schwartz, he has at all times suspected that the favored cryptocurrency commentator was misled by his authorized representatives.
Nonetheless, he believes every thing that occurred was for completely happy endings.
“And as I suspected, it appears Ben was misled by his legal professionals who *positively* ought to have recognized higher. Yay for completely happy endings,” Schwartz mentioned.
So, in regards to the @Bitboy_Crypto / @atozy lawsuit: It seems like everyone seems to be doing the correct factor now. And as I suspected, it appears Ben was mislead by his legal professionals who *positively* ought to have recognized higher. Yay for completely happy endings.
— 𝙳𝚊𝚟𝚒𝚍 𝚂𝚌𝚑𝚠𝚊𝚛𝚝𝚣 (@JoelKatz) August 25, 2022
BitBoy Slams a Defamation Lawsuit Towards Atozy
It’s value noting that the event comes lower than a day after it turned public that the 2 outstanding cryptocurrency YouTubers might engage in a legal battle.
BitBoy slammed a defamation lawsuit towards Atozy over an 11-minute video the latter revealed on YouTube final 12 months entitled “This Youtuber Scams His Fans… BitBoy Crypto.”
Within the video, Atozy mentioned BitBoy promoted a number of failed cryptocurrency tasks on his platform. The accusations didn’t sit effectively with BitBoy, who later slammed a defamation lawsuit towards Atozy.
Reacting to the fees, Atozy posted a video titled “I obtained sued,” including that it’s ridiculous to be charged as a result of he expressed his opinion.
Atozy added that the authorized charges may attain between $50,000 and $500,000. He sought monetary assist from his followers and well-wishers by posting a hyperlink to a GoFundMe marketing campaign, and Bitcoin, and Ethereum addresses for donations.
Atozy later revealed on Twitter that he had gotten over $200,000 in donations, including that he’ll refund the cash as soon as BitBoy formally withdraws the lawsuit.