Kevin O’Leary Secures $2.8M Judgment as Court Rejects Armstrong’s Bid to Vacate Default
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A federal court awarded Kevin O’Leary $2.8 million in a defamation case against crypto influencer Ben Armstrong, who failed to respond to the lawsuit. The judgment includes $750,000 for emotional distress linked to Armstrong's social media posts about a 2019 boating accident.
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- Court awards $2.8M after finding actual malice in Armstrong’s posts about 2019 boating accident.
- Default judgment stands as court rejects claims of incarceration and mental health delays.
- Disclosure of O’Leary’s phone number led to suspension and higher security costs.
A federal court in Florida has entered a $2.8 million defamation judgment in favor of investor and television personality Kevin O’Leary against crypto influencer Ben Armstrong, concluding a case tied to social media posts about a 2019 boating accident. The ruling, issued by the U.S. District Court for the Southern District of Florida in Miami, followed Armstrong’s failure to respond to the lawsuit or appear in court.
According to the court’s order, Judge Beth Bloom granted O’Leary $750,000 for emotional distress, app…
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