Eddie Hearn sues Jake Paul for $100 million

Eddie Hearn filed a libel suit against Jake Paul after the American accused the Matchroom Boxing boss of bribing referee Glen Feldman in Amanda Serrano's fight against Katie Taylor.

The British promoter has been promising for days to take legal action against Paul. In official documents, Hearn accuses the American of outrageously false and baseless accusations.

Hearn estimated his losses at more than $100 million. The April fight between Taylor and Serrano ended in a split decision in favor of the Irish boxer. After ten rounds, Feldman scored 97-93 for Taylor, who defended her WBA, WBO, WBC and IBF lightweight titles with the win.

Feldman also saw Anthony Joshua win in his rematch with Oleksandr Usyk in Saudi Arabia.