Prometheum, a federally approved digital asset securities platform, has filed a defamation lawsuit against crypto commentator Matthew Blumberg. The dispute arises from a November 6 post on X, where Blumberg accused Prometheum of operating an illegal unregistered commodities exchange and engaging in shady dealings with the U.S.
Securities and Exchange Commission (SEC). Prometheum’s complaint, filed in the New York Supreme Court, claims that Blumberg’s statements were false, baseless, and damaging to its reputation. The company also alleges that Blumberg sought to boost his public profile at its expense. Blumberg has defended himself against the allegations, filing a countermotion to dismiss on December 16.
He argued that his social media comments were protected by New York’s anti-SLAPP laws and were opinions about well-documented concerns regarding the SEC’s dealings with Prometheum.
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