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Canadian billionaire Kevin O’Leary wins $2.8M in defamation case after crypto influencer falsely called him a murderer.
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.
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.
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.
The case highlights the legal risks of spreading false online claims.
El multimillonario canadiense Kevin O'Leary gana $2.8M en un caso de difamación después de que un influyente criptográfico lo llamara falsamente un asesino.