Kevin O’Leary wins $2.8 million default judgment against crypto influencer Ben “BitBoy” Armstrong over false murder accusations tied to a 2019 boating accident.

Kevin O’Leary has won a $2.8 million default defamation judgment against crypto influencer Ben Armstrong, better known as BitBoy, after Armstrong posted false accusations on social media claiming O’Leary was involved in a murder tied to a 2019 boating accident in Ontario. A federal judge in Miami entered the judgment after Armstrong did not respond to the lawsuit or appear in court, and the award was split into damages for reputational harm, emotional distress, and punitive damages. The underlying context is a long-running dispute over a 2019 boating collision in which O’Leary was not the operator of the boat, and his wife Linda O’Leary was later charged but ultimately exonerated at trial. The case matters because it shows how U.S. courts can treat repeated false allegations made online, especially when they accuse a public figure of a serious crime and are published without evidence; it also highlights the legal risks facing crypto personalities who use social media to amplify defamatory claims.

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