Plaintiffs seek dismissal of Dave Portnoy from SafeMoon lawsuit
Barstool Sports founder Dave Portnoy pointed out that he told people the project could be a scam before investing .
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SafeMoon investors let Barstool Sports founder Dave Portnoy off the hook as plaintiffs seek his dismissal of the lawsuit against him for allegedly promoting the SafeMoon token.
On August 8, the internet celebrity tweeted that he was being sued by investors for "shilling SafeMoon". Portnoy claimed that he never received any compensation from the project and mentioned that he also lost a lot of money after investing in the token. He also pointed out that he told people the project might be a scam before he made his investment and asked his audience if he should sue the plaintiffs for wasting his time.
A month later, a court file retrieved by the legal news site Justia showed that the people who had sued Portnoy had filed a dismissal notice. This follows an earlier filing from Portnoy's side stating that it has no connection to the SafeMoon project.
Besides SafeMoon investors, the celebrity also shared an email last month showing he was being pressured by SafeMoon for alleged "unfair representations" and giving the company "a bad look" when he mentioned his token losses on his show. The complaint also showed that the project asked the celebrity to update their holdings to version 2.
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Barstool Sports founder Dave Portnoy pointed out that he told people the project could be a scam before investing .
New
SafeMoon investors let Barstool Sports founder Dave Portnoy off the hook as plaintiffs seek his dismissal of the lawsuit against him for allegedly promoting the SafeMoon token.
On August 8, the internet celebrity tweeted that he was being sued by investors for "shilling SafeMoon". Portnoy claimed that he never received any compensation from the project and mentioned that he also lost a lot of money after investing in the token. He also pointed out that he told people the project might be a scam before he made his investment and asked his audience if he should sue the plaintiffs for wasting his time.
A month later, a court file retrieved by the legal news site Justia showed that the people who had sued Portnoy had filed a dismissal notice. This follows an earlier filing from Portnoy's side stating that it has no connection to the SafeMoon project.
Besides SafeMoon investors, the celebrity also shared an email last month showing he was being pressured by SafeMoon for alleged "unfair representations" and giving the company "a bad look" when he mentioned his token losses on his show. The complaint also showed that the project asked the celebrity to update their holdings to version 2.
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