- Jeremy Ryan, aka ‘NFT Demon,’ has filed a lawsuit against X Corp (formerly Twitter).
- Ryan alleges that the suspension of his seven accounts harmed his NFT and crypto businesses.
- Ryan claims he is the largest NFT artist on the Binance Smart Chain.
- Multiple celebrities, including John Cena and Snoop Dogg, have supported Ryan’s work.
- Ryan seeks damages exceeding $75,000 and a trial by jury.
Binance Smart Chain’s prominent NFT artist Jeremy Ryan, known as ‘NFT Demon,’ is suing Elon Musk’s company, X Corp, over the suspension of his accounts. The lawsuit, filed in California, contends that X Corp’s actions have severely impacted Ryan’s livelihood.
Ryan argues that X Corp’s decision to suspend his seven accounts (?) lacked proper explanation and violated its own policies. He asserts that this suspension has cut off his primary source of income, jeopardizing his ability to promote and sell his NFT art.
Allegations of Policy Violations
In his lawsuit, Ryan highlights what he sees as inconsistencies in X Corp’s content moderation policies. He claims that the platform arbitrarily suspends cryptocurrency and NFT-related accounts without clear reasons, despite Musk’s earlier statements supporting free speech.
Ryan’s lawsuit mentions that he submitted 13 appeals to reinstate his primary ‘NFT Demon’ account, all of which went unanswered.
The suit criticizes Musk and X Corp for ignoring their commitment to respect and defend user voices.
Demanding Compensation
Jeremy Ryan is making eight legal claims against X Corp, including breach of contract, unjust enrichment, promissory fraud, false advertising, and unfair business practices. He seeks damages exceeding $75,000 and is requesting a trial by jury to settle the matter.
Despite his claims, some may question whether the self-proclaimed ‘largest NFT artist on the Binance Smart Chain‘ is overstating his impact and the role of his X Corp accounts in his business success.
His allegations may need to withstand rigorous scrutiny in court, especially given the high-profile nature of the defendant.
This case will likely draw attention from both the cryptocurrency community and legal experts, as it touches on significant issues regarding content moderation and the responsibilities of social media platforms.
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