On February 14, Kevin O’Leary won a default judgment in a defamation case against Ben “BitBoy” Armstrong in the Southern District of Florida Federal Court, receiving a total award of $2.8 million. The court found that the defendant’s posting of “malicious” false accusations and private information on social media constituted serious defamation and punitive damages.
The ruling awarded O’Leary $750,000 in emotional distress damages, $78,000 in reputation damages, and an additional $2 million in punitive damages. The judge noted that as a public figure engaged in media and business collaborations, damage to O’Leary’s reputation would directly impact his performance invitations and business relationships. Expert testimony, based on the viewership of the relevant posts, the size of the affected audience, and repair costs, estimated the reputation loss at $78,000.
The dispute originated from multiple posts made by Armstrong in March 2025, accusing O’Leary of involvement in a fatal boat accident in 2019, and publicly sharing his private phone number in one post, urging fans to “call the murderer in real life.” The court found that O’Leary was only a passenger at the time and was not prosecuted; his wife was also declared innocent after the trial. The accident investigation indicated that another boat had no lights at the time. After the phone number was leaked, O’Leary received hundreds of calls, leading to an annual security expense of approximately $200,000 and changes to his travel and work routines for safety reasons.
Procedurally, O’Leary filed suit on March 26, 2025; service was completed by March 28. Armstrong repeatedly failed to respond within the deadline, despite court extensions and clear warnings, and did not submit a response. The clerk entered a default on May 6. A damages hearing was held on October 30, with Armstrong still absent. He later sought to dismiss the case citing detention and bipolar disorder, but the court found he had been properly notified, delayed nearly a year, and was harming the plaintiff’s interests, and thus dismissed the motion.
This case serves as a warning: spreading false accusations and “doxxing” others on social media can lead to high damages and long-term legal consequences. The parties involved include Kevin O’Leary, Ben “BitBoy” Armstrong, and O’Leary’s public role as an investor on “Shark Tank.”
Related Articles
Regulatory Storm Brewing? The US SEC and CFTC Keep a Close Watch on the Prediction Market
Connecticut Man Faces 375 Years in Prison for Embezzling Cryptocurrency Investor Funds to Gamble
Trump ally Bannon and Epshteyn sued collectively by investors over Patriot Pay token
Two of Trump's "long-term allies" sued collectively by investors over "Patriot Pay" tokens
U.S. Senator Requests Foreign Investment Committee to Review UAE Acquisition of Trump Family's Cryptocurrency Company Stake