TokenPay Sues Prominent Bitcoin Trader Tone Vays For Libel And Defamation

Bitcoin Enthusiast Tone Vays Is Sued For Libel And Defamation

An important figure in the Bitcoin world, Tone Vays, has recently received a letter of cease and desist from a legal firm hired by TokenPay because of his “defamation attacks” against the company. The attacks cited in the order are from “defamatory attacks” that he made on a video from April 2.

Unfortunately, lawsuits are getting increasingly common in the crypto sphere. The SG Law Group, the company hired by TokenPay, were the ones behind the order. Vay affirmed that this was not a case of defamation in his newest video, which you can watch here.

He also mocked the law company stating that they should hire attorneys and not real estate agents if they want to have a real case against him. He also commented on some recent lawsuits filed by Craig Wright, which affirmed that he would take legal action against him (and half of the crypto community).

The “Defamation Attacks”

All of this started because of some criticism made by Tone Vays to TokenPay. He spoke about some irregularities of the company, highlighting some partnerships, in special. He even cited Charlie Lee, the creator of Litecoin, claiming that the only way to get someone like him on board is by bribing him with money or promises.

TokenPay affirmed that they were blocked by Vays and that they are confident in the quality of their products and services.

The company affirmed that they did not sue Tone Vays, only sent out the cease and desist order so far. He did not want to go live with their representative in order to talk about the situation and has blocked them from social media, so they may have to sue him in order to protect their business interests. Vays affirmed that his lawyer would respond to TokenPay soon.