BitBoy's case was lost as soon as he filed it
YouTuber Erling Mengshoel Jr., aka Atozy, and crypto influencer Ben Armstrong, aka "BitBoy Crypto," were sued on August 12. BitBoy, who had been widely accused of unethical and irresponsible behavior before Atozy's video, claims in the lawsuit that the harm Atozy's November 2021 video titled "This Youtuber Scams His Fans... Bitboy Crypto" caused him included damage to his business and "infliction of emotional distress." BitBoy seeks $75,000 in restitution.
This was without a doubt a very bad decision, and it is blowing up in BitBoy's face in a very poetic way.
More people have seen the litigation coverage than the original Atozy video, almost all of which has been mercilessly critical of BitBoy. BitBoy is benefiting from what has come to be referred to as "the Streisand Effect," which occurs when efforts to hide or censor information have the opposite effect.
In this example, BitBoy is trying to hide the fact that he is incredibly bad at his alleged "work" of reviewing bitcoin projects for his YouTube subscribers. The main topic of Atozy's original film was BitBoy's sponsorship of Pamp Network, whose cryptocurrency, PAMP, was said to "only go up in price," but mysteriously sank to zero shortly after BitBoy's endorsement. Crypto detective ZachXBT discovered in January that a sizable fraction of BitBoy-endorsed projects had already seen significant value losses prior to the current bad market dip, possibly at the expense of his viewers' significant financial losses.
However, that isn't only a result of BitBoy's poor cryptocurrency selection. He is also blatantly unethical and may perhaps be a criminal. In January, ZachXBT revealed that many of BitBoy's films were not unbiased assessments of tokens but rather covert advertisements funded by the token issuers themselves. The U.S. Securities and Exchange Commission (SEC) has repeatedly punished offenders under securities law because this type of "touting" is regarded as a form of fraud. BitBoy now discloses all paid promotions, according to his later claims.
Therefore, it is even more enjoyable to watch BitBoy's mini-tantrum detonate in his face like an Acme bomb.
The lawsuit has brought charges against BitBoy to the forefront, far from putting them to rest or discouraging them. The most striking change is how much more widespread assaults against BitBoy are now appearing on YouTube than they did before the lawsuit. At the time of writing, Atozy's original video had a little over 180,000 views, which is a decent but not enormous reach. But four days ago, Cr1TiKaL, alias Charles White Jr., a YouTuber with 11.2 million subscribers and all the pity of a hired killer, covered the lawsuit.
With regard to BitBoy, CrITiKaL stated, "I'm not here to make any accusations." "I'm only here to jeer at him,"
It has already received 1.3 million views, which is around seven times as many as Atozy's film. That is only one response, though. It appears that BitBoy's lawsuit is making him a popular target for ridicule outside of the crypto community.
"Every once in a while some miserable, stinking worm believes it's a good idea to try to legally strong-arm a YouTuber they don't like," Cr1TiKaL said in response, summarizing the situation nicely. Due to the fact that it never turns out in their favor, I always find it to be amusing. More harm has been caused by BitBoy's lawsuit than Atozy could have ever imagined. It's like publicly guillotining yourself if you file a frivolous case out of anger online. That's career suicide to do it.
To add insult to BitBoy's already bruised ego, Atozy has since launched a fundraising campaign to support his legal defense. and has already brought in a significant amount more money than BitBoy requested in his initial lawsuit. As of this writing, Atozy has brought up the following:
More than $50,000 was raised through GoFundMe, $1,800 was donated in bitcoin (BTC), $18,000 was given in ether (ETH), over $10,000 was given in tether (USDT), and more than $105,000 was given in USDC (much of it came from crypto industry analyst @Cobie).
Total: almost $184,000 in total. If you think that's a lot to spend on defense against a pointless $75,000 nuisance case, you're right. However, feel free to give more: Atozy has declared that he will donate any surplus funds to the renowned cryptocurrency advocacy organization Coin Center.
Even more significantly, every dollar you contribute will heighten BitBoy's humiliation. He deserves it, too.
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