Several YouTubers involved in billion-dollar lawsuit after promoting FTX TSMSeveral finance YouTubers, such as Graham Stephan, Meet Kevin, and Andrei Jikh, are among those involved in a billion-dollar lawsuit for promoting FTX before its collapse. During its existence, FTX was the sponsor of many organizations, sporting teams, leagues, and personalities online. From TSM, the Mercedes F1 team, the LCS, and even Tom Brady, many were paid to advertise the cryptocurrency exchange. But when the company fell into bankruptcy in 2022, many of its sponsors came under fire. And dozens of YouTubers too were part of FTX\u2019s marketing strategy. On March 15, it was revealed several of the YouTubers who were paid to promote FTX are currently involved in a class action lawsuit, which is claiming $1 billion in damages. The agency which represents them, Creators Agency, is also listed as a defendant. Here is the full list of YouTubers involved in the lawsuit: Kevin \u201cMeet Kevin\u201d Paffrath – Graham Stephan – Andrei Jikh – Brian Jung – Jeremy \u201cFinancial Education\u201d Lefebvre – Tom Nash – Ben \u201cBitBoy Crypto\u201d Armstrong – Erika Kullberg – So far, the only influencer who has commented on the lawsuit is Meet Kevin, in a statement to Coffeeezilla. He said of the lawsuit, \u201cI\u2019d be happy to work with them as a charity, but let\u2019s be clear that\u2019s what it is.\u201d He continued, \u201cI don\u2019t think any influencer has to take responsibility for what somebody does with product advice. That responsibility should only arise if somebody actually hires somebody, like retaining an attorney or hiring a doctor, for their own personal situation.\u201d He ended off his statement, \u201cit\u2019s a lesson to the whole community, we\u2019ve got to be more careful of sponsors and the viewers have to be diligent about their own decisions.\u201d The lawsuit, as Legal Eagle points out, is essentially similar to the class action lawsuit which was brought against Sam Bandman-Fried, Tom Brady, and Larry David. With the same lawyers, plaintiffs, and claims, with only the defendants differing in this circumstance. As of writing, the class action complaint has just been brought in and a demand for a Jury Trial has been called. There are no dates for when the court trial will begin.<\/p>\n","protected":false},"excerpt":{"rendered":"
Several YouTubers involved in billion-dollar lawsuit after promoting FTX TSMSeveral finance YouTubers, such as Graham Stephan, Meet Kevin, and Andrei Jikh, are among those involved in a billion-dollar lawsuit for promoting FTX before its collapse. During its existence, FTX was the sponsor of many organizations, sporting teams, leagues, and personalities online. From TSM, the Mercedes […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-58652","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/58652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=58652"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/58652\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=58652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=58652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=58652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}