His reputation took a blow. That is the result of defamation, which I believe will be the issue of the case.
Didn't Trey say it was an Ian Clark selfie? That's a false statement.
I see this being settled out of court as well, not because Binnion has no case, but because the amount he wants is pennies to these guys.
Defamation per Cornell law:
"To establish a prima facie case of defamation, four elements are generally required: a false statement purporting to be fact concerning another person or entity; publication or communication of that statement to a third person; fault on the part of the person making the statement amounting to intent or at least negligence; and some harm caused to the person or entity who is the subject of the statement."
https://www.law.cornell.edu/wex/defamation
1.
False Statement: Trey said photo was Ian Clark selfie.
2.
Publication/communication to third party: posted to thousands of instagram followers.
3.
Fault of intent or negligence: easily negligence.
4.
Some harm to subject : public ridicule, loss of reputation, and emotional turmoil.
That took me all of five minutes to see he has the bones of a case against Trey.