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SafeMoon traders are letting Barstool Sports activities founder Dave Portnoy off the hook because the plaintiffs filed for his dismissal from the lawsuit in opposition to him for allegedly selling the SafeMoon token.
On Aug. 8, the web movie star tweeted that he’s being sued by traders for “shilling SafeMoon.” Portnoy claimed that he by no means obtained any compensation from the undertaking and talked about that he misplaced some huge cash after investing within the token. He additionally highlighted that he instructed those that the undertaking could also be a rip-off earlier than he made his funding and requested his viewers if he ought to sue the plaintiffs for losing his time.
A month later, a court docket submitting retrieved by the authorized info web site Justia showed the individuals who initiated the lawsuit in opposition to Portnoy filed a discover of dismissal. This follows an earlier submitting from Portnoy’s aspect declaring that he has no reference to the SafeMoon undertaking.
Other than SafeMoon traders, the movie star additionally shared an electronic mail final month exhibiting that he’s going through stress from SafeMoon for alleged “unfair representations” and giving the corporate “a foul look” when he talked about his token losses on his present. The grievance additionally confirmed that the undertaking had requested the movie star to replace his holdings to model 2.
Associated: New crypto litigation tracker highlights 300 circumstances from SafeMoon to Pepe the Frog
In 2020, Portnoy made the headlines for exiting Bitcoin (BTC) after going through a $25,000 loss. A month later, the dealer famous that he was coming again to BTC and claimed that his “coronary heart is crypto,” noting that the crypto group is an gratifying group of individuals.
In the meantime, a SafeMoon lawsuit again in February focused many celebrities and influencers for an alleged connection to a pump-and-dump scheme associated to SafeMoon. The scheme included YouTubers Jake Paul and Ben Philips and musicians Nick Carter, Soulja Boy and Lil Yachty.
