Popular Finance YouTubers Are Being Sued Over Their Promotion Of The Crypto Company FTX

  • 📰 BuzzFeed
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

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Those named in the $1 billion class action suit included Meet Kevin channel operator Kevin Praffath and Graham Stephen, a former real estate agent from Selling Sunset’s Oppenheim Group.

In the video, Paffrath argues that while he had promoted the company, he wasn’t responsible for anyone’s losses.“The reality is, people have to put on their big-boy pants and realize that if you make a decision because of something you heard online, that’s your responsibility,” he says.

class action against celebrities including Tom Brady and Gisele Bündchen for their roles in advertising FTX. Garrison’s lawyer, Joseph Kaye of the Moskowitz Law Firm, previously told BuzzFeed News that his client was trying to save money for his granddaughter and lost his entire investment.

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