Nfts

NFT artist sues X for account suspension and business destruction

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Binance Smart Chain’s ‘biggest’ NFT artist is suing Elon Musk’s X Corp after the social media giant suspended his accounts, allegedly ignoring its own policies and costing him his livelihood.

Jeremy Ryan, aka “NFT Demon”, deposit a lawsuit in California on Wednesday in which he accuses X (formerly Twitter) of unfairly suspending his seven accounts and “severely” harming his crypto and NFT businesses.

Ryan, who became an NFT artist after surviving brain cancer, says his track record of minted art makes him the biggest NFT artist on the Binance Smart Chain. His work has attracted support from many celebrities, including John Cena and Snoop Dogg.

However, he argues that being cut off from his accounts means he has “lost their main source of income and livelihood“, and that he loses future profits that could be made if he was still active on X to promote his NFT work.

Screenshot taken art from NFT Demon, which mostly resembles other NFT projects such as Bored Ape Yacht Club and CryptoPunks

The lawsuit calls X’s content moderation policies “inconsistent and arbitrary” and claims its suspension was “without any proper explanation or justifiable reason.” Ryan submitted 13 appeals for his NFT Demon account without receiving a response from X.

The suit reads: “X has a history of unexpectedly suspending accounts related to cryptocurrency and NFTs without explanation and some of these accounts are coins that Mr. Musk has personally claimed to be interested in.” »

The lawsuit also details a long list of statements Musk made about free speech before arguing that the CEO and his platform repeatedly go against their official policy on content moderation.

Learn more: Insider Trading Trial: Here’s How Much Elon Musk Pumped DOGE

“Despite the platform’s announced commitment to ‘defending and respecting the voice of the user’ as one of its core values, it has repeatedly engaged in behavior contrary to this core value to the detriment of the complainant Jeremy Ryan,” the lawsuit states.

In total, Ryan filed eight lawsuits against X Corp, including for breach of contract, unjust enrichment, promise fraud, false advertising and unfair trade practices. NFT Demon seeks damages in excess of $75,000 and a jury trial.

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