BitBoy vs. Atozy has several people including Ripple CTO talking about it. Ben Armstrong, the creator of Bitboy Crypto, declared that he is dropping his defamation case against fellow YouTube content creator Erling Mengshoel Jr., better known by his stage name Atozy.
In response to the November 2021 video “This YouTuber exploits his following…,” Armstrong formally sued Mengshoel on August 12. Armstrong was charged with dishonestly promoting fraudulent assets to his audience, such as PAMP, for his own gain, according to “Bitboy Crypto.” He also demanded $75,000 in compensation.
However, Armstrong did hint during a live webcast on Wednesday that he is now dropping the accusation now that Mengshoel has amassed more than $200,000 for his defense.
Ripple CTO stated that BitBoy was misled by his lawyers
In response to the legal conflict between well-known crypto YouTuber Ben Armstrong (BitBoy) and Erling Mengshoel (Atozy), Ripple’s CTO David Schwartz has chimed in.
“So, about the BitBoy andAtozy lawsuit: It looks like everyone is doing the right thing now. And as I suspected, it seems Ben was misled by his lawyers who *definitely* should have known better. Yay for happy endings.”
Mengshoel was able to unite the crypto community behind him and launch a successful GoFundMe campaign to pay for his legal costs.
He claimed that he was being sued for nothing more than expressing his viewpoint. Additionally, the frequency of YouTube videos accusing Armstrong of unethical crypto advertising has increased.
Armstrong claims that if he had realized the lawsuit would garner such attention, he would not have filed it.
The crypto YouTuber clarified that he initially filed the complaint to get Mengshoel to take down the video, and he hinted that he had no intention of actually going through with the legal procedures.
Atozy now has enough money to cover legal costs, according to BitBoy, and the conflict has grown more complicated than he had anticipated as a result of a well-known crypto trader like Cobie, who donated $100,000.