Alex Saunders Issues A Public Apology And Claims To Be Settling Crypto Dealings

Alex Saunders, the founder of Nuggets News and a crypto influencer, issued a public apology for last year’s controversies and the manner he handled them months after a storm of controversy. In 2021, Saunders was accused of failing to repay debts and investing cash, according to a series of charges. Those who were harmed alleged that Saunders owed them money in Bitcoin (BTC). This prompted an Australian media outlet to look into the matter and come to the conclusion that the influencer owed as much as $7 million. Ziv Himmelfarb, the CEO of Nuggets News, filed a $350,000 lawsuit against him, seeking damages for unpaid loans. Himmelfarb claimed to have invested 4 BTC, 30 ETH, and $50,000 in stablecoins. As a result of Saunders’ failure to react, a default judgment was entered, compelling Saunders to compensate the investor for his losses. Aside from that, the influencer has been chastised for a failed Decentraland-based project launch. The crypto influencer had raised funds on the Decentraland platform for a virtual headquarters. Saunders, on the other hand, was later shown to have neglected to pay the studio that was intended to construct the virtual HQ. After a long pause, the founder of Nuggets News made a public announcement on Twitter, stating that he has paid off most of his obligations and is working on the rest. “I wasn’t thinking clearly and handled things horribly,” the influencer said. He shared: “Everyone I had any ki...