Kevin O'Leary Secures $2.8 Million Defamation Ruling Against Ben Armstrong

Kevin O’Leary successfully claims $2.8 million in a defamation case against crypto influencer Ben Armstrong, related to false accusations.

In a significant legal victory, entrepreneur Kevin O'Leary has been awarded $2.8 million in a defamation lawsuit against cryptocurrency influencer Ben 'BitBoy' Armstrong. This ruling arises from misleading social media posts made by Armstrong in March 2025, where he incorrectly alleged that O'Leary was involved in a murder linked to a boating incident that occurred in 2019.

The court's decision underscores the seriousness of defamation in the digital age, particularly within the highly scrutinized cryptocurrency sector. O'Leary's claims highlighted the damaging impact of irresponsible statements on social media platforms, which can tarnish reputations and lead to significant financial repercussions.