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FTX Bankman-Fried: Top Biden donor defrauds billions from investors; media praises him as a hero
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<blockquote data-quote="Babagounj" data-source="post: 5543888" data-attributes="member: 12952"><p>[URL unfurl="true"]https://www.breitbart.com/tech/2023/03/22/lawsuit-seeks-1-billion-from-youtubers-who-promoted-ftx/[/URL]</p><p></p><p>Fortune <a href="https://fortune.com/2023/03/20/finance-youtubers-who-promoted-ftx-have-now-been-handed-a-1billion-lawsuit/" target="_blank">reports</a> that a class action lawsuit brought against several YouTubers is raising concerns about the morality of the actions take by influencers in promoting their sponsors’ goods and services.</p><p></p><p>A lawsuit filed on March 15 claims that a number of influencers were paid to promote FTX, a cryptocurrency platform that <a href="https://www.breitbart.com/tech/2023/01/31/ftx-bankruptcy-filing-shows-extent-of-democrat-super-donor-sam-bankman-frieds-influence-peddling-campaign/" target="_blank">failed</a> in November 2022, leaving customers with losses that some have estimated to be worth up to $8 billion. The plaintiffs, from the U.S., Canada, the UK, and Australia, are seeking more than $1 billion in damages from the YouTubers and an influencer agency, alleging that the “defendants did not disclose the nature and scope of their sponsorships and/or endorsement deals, payments and compensation, nor conduct adequate (if any) due diligence.”</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5543888, member: 12952"] [URL unfurl="true"]https://www.breitbart.com/tech/2023/03/22/lawsuit-seeks-1-billion-from-youtubers-who-promoted-ftx/[/URL] Fortune [URL='https://fortune.com/2023/03/20/finance-youtubers-who-promoted-ftx-have-now-been-handed-a-1billion-lawsuit/']reports[/URL] that a class action lawsuit brought against several YouTubers is raising concerns about the morality of the actions take by influencers in promoting their sponsors’ goods and services. A lawsuit filed on March 15 claims that a number of influencers were paid to promote FTX, a cryptocurrency platform that [URL='https://www.breitbart.com/tech/2023/01/31/ftx-bankruptcy-filing-shows-extent-of-democrat-super-donor-sam-bankman-frieds-influence-peddling-campaign/']failed[/URL] in November 2022, leaving customers with losses that some have estimated to be worth up to $8 billion. The plaintiffs, from the U.S., Canada, the UK, and Australia, are seeking more than $1 billion in damages from the YouTubers and an influencer agency, alleging that the “defendants did not disclose the nature and scope of their sponsorships and/or endorsement deals, payments and compensation, nor conduct adequate (if any) due diligence.” [/QUOTE]
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FTX Bankman-Fried: Top Biden donor defrauds billions from investors; media praises him as a hero
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