Bitcoin Mogul Wins $2.8M Defamation Suit

Kevin O’Leary Wins $2.8M Defamation Case Against Ben Armstrong

• Kevin O’Leary secured a $2.8 million judgment against Ben Armstrong, also known as BitBoy, in a defamation case.
• The US District Court for the Southern District of Florida awarded $750,000 for emotional distress, $78,000 for harm to reputation, and $2 million in punitive damages.
• The dispute arose from Armstrong’s March 2025 posts alleging O’Leary’s involvement in a 2019 boating accident.
• Armstrong’s posts included O’Leary’s personal phone number and prompted a social platform suspension.
• The court found Armstrong acted with actual malice and rejected his request to overturn the default judgment due to his failure to respond timely.

Kevin O’Leary was awarded $2.8 million after the court found Ben Armstrong guilty of defamation with actual malice, following accusations related to a boating incident.