Billionaire Hoffman Backs Smartmatic in Defamation Lawsuit Against Fox News

Hoffman's multimillion-dollar investment aims to support Smartmatic's legal battle over 2020 election fraud claims.

Smartmatic accuses Fox News and Newsmax of defamation for airing false claims about vote-rigging in the 2020 election.
Reid Hoffman's financial support is intended to help Smartmatic cover the costly litigation expenses.
Fox News settled a similar lawsuit with Dominion Voting Systems for $787.5 million last year.
Smartmatic's lawsuit against Newsmax is set for trial in Delaware Superior Court this fall.
Hoffman has a history of funding litigation against conservative figures and causes.