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flag Canadian billionaire Kevin O’Leary wins $2.8M in defamation case after crypto influencer falsely called him a murderer.

flag Canadian businessman Kevin O’Leary won a $2.8 million defamation judgment against crypto influencer Ben “BitBoy” Armstrong in a U.S. federal court after Armstrong falsely labeled O’Leary a murderer in connection with a 2019 boating accident that killed two people. flag The court entered a default judgment after Armstrong failed to respond substantively, awarding $78,000 for reputational harm, $750,000 for mental anguish, and $2 million in punitive damages. flag The judge rejected Armstrong’s claim that mental health issues prevented a timely response, noting the posts caused severe emotional distress and forced O’Leary to increase security. flag The case highlights the legal risks of spreading false online claims.

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