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YouTube influencer Ran Neuner threatened an anonymous Twitter account on Friday for investigating his ties to the disgraced crypto company Terraform Labs.
A letter from Neuner’s attorney, Chris Boulle, was shared on Twitter by the account in question, “FatManTerra.” Boulle said he was speaking on behalf of Neuner and his website, Crypto Banter.
“Attention ‘Fat Man,'” the stern missive began. “We refer to your correspondence with the clients, copies of which have been handed to us. In your correspondence you threaten to publish certain allegations regarding our clients. As has been communicated to you, our clients deny in the strongest possible terms that any of the allegations are correct.
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“The contents of your allegations are defamatory in that they impute, and were intended by you to impute, and will be understood by the persons to whom the allegations will be communicated to impute, that our client’s [sic] are guilty of unconscionable behaviour unworthy of a reputable businessman and companies. All of the rights of our clients are reserved including, but not limited to, the right to claim any damages suffered as a result of any defamatory statements which you may publish.”
For the past few weeks, I have been investigating evidence and testimony from people involved in Terra’s extensive shill network, as well as potential back room promotion deals with YouTube influencer/grifter Ran Neuner. Today, his legal team threatened me with a lawsuit. (1/3) pic.twitter.com/36tkebJAnA
— FatMan (@FatManTerra) July 1, 2022
Boulle did not elaborate on Neuner’s credentials as a “reputable businessman.” The CEO of Onchain Capital, “a crypto investment fund and consulting service,” Neuner is also known for operating Crypto Banter, a YouTube channel with nearly 600,000 subscribers. CNBC Africa hired him to host “Crypto Trader” in 2017, which he billed as the world’s “first crypto TV show.” It quickly fizzled out and went off the air in 2019.
The South Korea-based TerraForm Labs sent cryptocurrency markets into a downward spiral in May when its $41 billion ecosystem — including stablecoin Terra USD (UST) and cryptocurrency LUNA — collapsed. The implosion contributed to the downfall of cryptocurrency firms including Three Arrows Capital (3AC), which filed for bankruptcy this week, as well as the crypto-lenders Celsius Network — which is exploring bankruptcy — and BlockFi, which has managed to survive with assistance from a $400 million bailout from FTX Exchange.
Another Twitter user who specializes in analyzing blockchain activity, “ZachXBT,” shared the letter from Neuner’s attorney on his account, writing, “Apparently I will be receiving something quite similar in the near future as well.”
FatManTerra, who has investigating whether Neuner profited from promoted TerraForm’s products, responded to the letter on Twitter. “I have been attempting to hear out his side of the story for the past few days in order to gain a complete & accurate understanding,” he wrote. “Ran denies everything, and he proclaims that ZachXBT’s blockchain evidence-based thread proving Ran dumps on his followers is false as well.
“Fat Man” added, “While legal bullying of this scale is scary – I have little money and no power – I have a much more formidable force standing behind me. The truth. I will post the thread anyway (after my findings are complete, which will take a few days). See you in court, I guess.”