What's Hot

    Bitcoin Back in the Red as Analysts Warn $60K is “Liquidation Trigger”

    February 16, 2026

    Judge Orders ‘BitBoy’ to Pay US$2.8M in Defamation Case Brought by Kevin O’Leary

    February 16, 2026

    Wall Street is desperate to copy crypto’s prediction markets as Cboe files for “Yes/No” options

    February 15, 2026
    Facebook Twitter Instagram
    • Business
    • Markets
    • Get In Touch
    • Our Authors
    Facebook Twitter Instagram
    Crypto News: Latest Cryptocurrency News and Analysis
    • Home
    • Business

      Fidelity Buys 7.4% Of Bitcoin Mining Company Marathon Digital Holdings

      February 11, 2021

      Twitter Reacts as Auto Driver Begins Accepting Crypto as Payment

      February 11, 2021

      HSBC Becomes Latest Bank to Suspend Payments to Crypto

      February 4, 2021

      Bitcoin Holds Support; Approaching $50K Resistance

      February 4, 2021

      Cryptocurrency Prices Today: Bitcoin Up Over $47,000, Ether Rises 3%

      February 3, 2021
    • Technology
      1. Business
      2. Insights
      3. View All

      Fidelity Buys 7.4% Of Bitcoin Mining Company Marathon Digital Holdings

      February 11, 2021

      Twitter Reacts as Auto Driver Begins Accepting Crypto as Payment

      February 11, 2021

      HSBC Becomes Latest Bank to Suspend Payments to Crypto

      February 4, 2021

      Bitcoin Holds Support; Approaching $50K Resistance

      February 4, 2021

      Bitcoin Back in the Red as Analysts Warn $60K is “Liquidation Trigger”

      February 16, 2026

      Judge Orders ‘BitBoy’ to Pay US$2.8M in Defamation Case Brought by Kevin O’Leary

      February 16, 2026

      Wall Street is desperate to copy crypto’s prediction markets as Cboe files for “Yes/No” options

      February 15, 2026

      Why Bitcoin’s $60k capitulation actually came in two waves

      February 15, 2026

      Bitcoin Climbs as Elon Musk Says Tesla ‘Likely’ to Accept it Again

      March 16, 2021

      Can Cryptocurrency Be Hacked, Stolen Or Scammed? How Can You Be Safe?

      February 11, 2021

      How Investors Can Get In On Crypto Without Actually Buying Any

      February 4, 2021

      Ethereum Just Underwent a Major Change – Hence, The 25% Jump in a Week!

      February 4, 2021
    • Insights
      1. Bitcoin
      2. Ethereum
      3. Eurozone
      4. Monero
      5. View All

      Bitcoin Back in the Red as Analysts Warn $60K is “Liquidation Trigger”

      February 16, 2026

      Judge Orders ‘BitBoy’ to Pay US$2.8M in Defamation Case Brought by Kevin O’Leary

      February 16, 2026

      US Bank Lobby Urges OCC to Pause Crypto Trust Charters Amid Stablecoin Uncertainty

      February 13, 2026

      SEC Signals Potential Role in Policing Booming Prediction Markets

      February 13, 2026

      Wall Street is desperate to copy crypto’s prediction markets as Cboe files for “Yes/No” options

      February 15, 2026

      Why Bitcoin’s $60k capitulation actually came in two waves

      February 15, 2026

      Robinhood’s $221 million crypto revenue drop shows crypto winter isn’t on chain and retail already moved

      February 15, 2026

      Bitcoin’s precarious position as derivative shorts dominate market

      February 15, 2026

      Perpetual futures changed how retail traders perceived risk in 2025

      February 13, 2026

      AVAX breaks key pattern as $9 turns into major supply zone

      February 13, 2026

      Bitcoin ETFs bleed $410M amid $2.5B options expiry: is BTC facing deeper crash?

      February 13, 2026

      Bitcoin Cash holds near $500 despite broader crypto market slump: check 2026 outlook

      February 12, 2026

      Silver Demand Powers January Results at The Perth Mint

      February 13, 2026

      U.S. Coin Production Jumps in January as 2026 Coins Debut

      February 13, 2026

      CSNS Convention Set for April 23–25 With Missouri Theme

      February 9, 2026

      U.S. Mint Pricing Update Published in Federal Register

      February 6, 2026

      Bitcoin Back in the Red as Analysts Warn $60K is “Liquidation Trigger”

      February 16, 2026

      Judge Orders ‘BitBoy’ to Pay US$2.8M in Defamation Case Brought by Kevin O’Leary

      February 16, 2026

      Wall Street is desperate to copy crypto’s prediction markets as Cboe files for “Yes/No” options

      February 15, 2026

      Why Bitcoin’s $60k capitulation actually came in two waves

      February 15, 2026
    • Markets
    • Get In Touch
    Crypto News: Latest Cryptocurrency News and Analysis
    Home » Judge Orders ‘BitBoy’ to Pay US$2.8M in Defamation Case Brought by Kevin O’Leary
    Bitcoin

    Judge Orders ‘BitBoy’ to Pay US$2.8M in Defamation Case Brought by Kevin O’Leary

    行政By 行政February 16, 2026No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    • A Miami federal court entered a multimillion-dollar default judgment after the defendant failed to participate in proceedings.
    • The court allocated damages across emotional harm, reputational impact and punitive findings tied to online statements.
    • Attempts to overturn the ruling were denied despite claims of incarceration and mental health challenges.

    Kevin O’Leary has secured a US$2.8 million (AU$3.95 million) default judgment against crypto content creator Ben Armstrong in a defamation action heard in federal court in Miami. The ruling was issued by the US District Court for the Southern District of Florida and followed Armstrong’s failure to appear or file a defence.

    The award comprises US$750,000 (AU$1.06 million) for emotional distress, US$78,000 (AU$109,980) for reputational harm and US$2 million (AU$2.82 million) in punitive damages. The court found that Armstrong’s conduct justified punitive damages and determined the posts were made with actual malice.

    Related: Australia’s SMSFs Embrace Crypto as Regulation and ETFs Fuel New Wave of Adoption

    Online Accusations Spark Legal Fallout

    The dispute arose from a series of posts published in March 2025 in which Armstrong accused O’Leary and his wife of involvement in a fatal 2019 boating accident in Ontario. O’Leary was a passenger and was not charged, while his wife was later exonerated following trial proceedings. One post urged followers to “call a real life murderer” and included O’Leary’s private phone number, resulting in a brief suspension on the platform.

    O’Leary testified that his phone received hundreds of calls after the number was shared and that he increased security spending by about US$200,000 (AU$282,000) per year. Armstrong later sought to set aside the default judgment, citing incarceration and bipolar disorder, but the court rejected the request, noting he had notice of the case and delayed nearly a year.

    Related: Coinbase Swings to $667M Loss as Crypto Slump Crushes Trading Volumes

    BitBoy,Law#Judge #Orders #BitBoy #Pay #US2.8M #Defamation #Case #Brought #Kevin #OLeary1771222237

    BitBoy Brought Case Defamation Judge Kevin OLeary Orders pay US2.8M
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    行政
    • Website

    Related Posts

    Bitcoin Back in the Red as Analysts Warn $60K is “Liquidation Trigger”

    February 16, 2026

    US Bank Lobby Urges OCC to Pause Crypto Trust Charters Amid Stablecoin Uncertainty

    February 13, 2026

    SEC Signals Potential Role in Policing Booming Prediction Markets

    February 13, 2026

    Trump-Backed WLFI Expands Into $9.6T FX Market With ‘World Swap’ Launch

    February 13, 2026
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Millennials Are Quitting Job to Become Day Traders

    January 20, 2021

    Jack Dorsey Says Bitcoin Will Unite The World

    January 15, 2021

    Hong Kong Customs Arrest Four in Crypto Laundering Bust

    January 15, 2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    Bitcoin Back in the Red as Analysts Warn $60K is “Liquidation Trigger”

    February 16, 2026

    Judge Orders ‘BitBoy’ to Pay US$2.8M in Defamation Case Brought by Kevin O’Leary

    February 16, 2026

    Wall Street is desperate to copy crypto’s prediction markets as Cboe files for “Yes/No” options

    February 15, 2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook Twitter Instagram Pinterest
    • Home
    • Business
    • Markets
    • Technology
    • Contact us
    © 2026 ThemeSphere. Designed by WPfastworld.

    Type above and press Enter to search. Press Esc to cancel.