Bitboy Crypto, PSYOP Creator Encounters Class-Action Lawsuit...

22 May 2023
Business
Bitboy Crypto, PSYOP Creator Encounters Class-Action Lawsuit

Ben
.eth, a pseudonymous NFT collector turned famous meme currency inventor, has made over $7 million in ETH sales in the last seven days with a presale of his new memecoin, PSYOP. In a tweet on May 20, Mike Kanovitz, a partner at law firm Loevy & Loevy and CEO of Jurat Blockchains, alleges that he will sue ben.eth if he does not repay PSYOP presale customers. As an NFT, a letter was sent to the address ben.eth. Ben.eth is facing class action lawsuits for deceiving investors and for wire fraud.

Ben.eth might face charges of deceiving investors, racketeering, fraud, and wire fraud, according to the letter. The PSYOP presale garnered more than $7 million, and the lawyer seeks $21 million in damages if the class action case is launched. In a settlement, Kanovitz has requested that investors get ETH. Ben.eth has identified media celebrity Andrew Tate as a prospective buyer for the PSYOP meme currency. Earlier, YouTuber Ben “Bitboy” Armstrong was connected to the BEN meme currency after purchasing and then selling all of his token holdings. Others are claiming to be suing Ben.eth and have shown interest in joining the current class action lawsuit.
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