FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion

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A category-action go well with led by Edwin Garrison has been filed in opposition to “FTX influencers,” totally on YouTuber, searching for $1 billion as a result of they “promoted FTX crypto fraud with out disclosing compensation.” The go well with was filed March 15 within the Southern District of Florida Miami Division.

Kevin Paffrath, Graham Stephan, Andrei Jikh, Jaspreet Singh, Brian Jung, Jeremy Lefebvre, Tom Nash, Ben Armstrong, Erika Kullberg and Creators Company LLC have been named as respondents. The Moskowitz Legislation Agency is representing the plaintiffs.

The go well with is a consolidation of a number of class actions fits, based on the legislation agency. Garrison’s go well with was filed on November 15, 2022, “and is the first-filed FTX-related class motion filed within the nation,” the agency mentioned.