Jake Paul files settlement in Safemoon class action lawsuit.

Some good news this hump-day! Jake Paul received undisclosed tokens from Safemoon to perform promotions on social media, and was called as a defendant in the class action lawsuit that started a year ago.

Since then, Safemoon CEO John Karony attempted to settle with the plaintiffs but had his settlement offer rejected. Safemoon cult maxis of course tried to hand wave this away “oh, companies get sued all the time and just settle as it’s a better use of time” - despite the fact this case has been going on for a year and Karony has hired many many different lawyers to attempt to fight it.

The writing is obviously on the wall and Jake Paul knows it, so he has filed his notice to settle which you can find here

If anyone has access to PACER, I’d love to see the filing and if it includes a settlement amount!

Filing 141 MOTION to Stay and NOTICE of Settlement Joint Notice of Settlement in Principle (re Defendant Jake Paul) by Mark Combs, Vlad Iacob, Bill Merewhuader (Attachments: #1 Text of Proposed Order) (Jasnoch, John) Modified by adding motion on 4/24/2023 (mh).