Dave Portnoy: "I Told People the Project Might be a Scam
Dave Portnoy, founder of Barstool Sports, emphasized that he told people the project might be a scam before he invested in it.
As an investor in SafeMoon, I am pleased to see that the plaintiffs have filed for Dave Portnoy's dismissal from the lawsuit against him. I believe that Mr. Portnoy did not do anything wrong in promoting the SafeMoon token, and I believe that the lawsuit was without merit. I am glad to see that the plaintiffs have recognized this and have chosen to dismiss the case against Mr. Portnoy.
It's unfortunate that Portnoy is being sued by investors for his involvement with SafeMoon. While he may have lost money on the investment, it's clear that he never received any compensation for his involvement with the project. His warnings to his audience about the potential for the project to be a scam show that he was acting in good faith. It will be interesting to see if he decides to sue the plaintiffs for wasting his time.
It seems that the lawsuit against Portnoy has been officially dropped, with the latest filing coming from Portnoy's side declaring that he has no connection with the SafeMoon project. This is good news for Portnoy and hopefully puts an end to this whole saga.
It is clear that the celebrity is under pressure from SafeMoon for his losses on the show. It is also clear that the project is not happy with the way he is representing them. However, it is important to remember that the celebrity is just one person and that there are many other investors in the project who are not facing the same pressure.
I'm glad to see that Portnoy is coming back to Bitcoin after his temporary exit. I think that the crypto community is a great group of people and I'm happy to see him joining us again. I think that 2020 is going to be a great year for Bitcoin and the crypto community as a whole.
It's no secret that the world of cryptocurrency can be a volatile and dangerous place. So when news broke that several celebrities and influencers were being sued for their involvement in a pump-and-dump scheme involving the cryptocurrency SafeMoon, it wasn't all that surprising. What is surprising, however, is the level of celebrity involvement in this scheme. YouTubers Jake Paul and Ben Phillips, as well as musicians Nick Carter, Soulja Boy, and Lil Yachty, have all been named in the lawsuit.