Billionaire Reid Hoffman Invests in Smartmatic to Support Defamation Litigation Against Fox News and Newsmax

Jul 8, 2024, 11:30 AM

Reid Hoffman, billionaire and co-founder of LinkedIn, has invested in Smartmatic, an election technology company. This investment is intended to help Smartmatic sustain its costly defamation litigation against Fox News and Newsmax. The lawsuits stem from false claims of vote-rigging in the 2020 election. Hoffman's financial support aims to bolster the company's efforts in these major defamation cases.