Ben Armstrong – the face of ‘Bitboy’ crypto – has been a scandalous determine within the business. From endorsing high-risk investments to accusations of dumping tokens after selling them to hundreds of thousands of his followers, in addition to partaking in sketchy meme cash, a number of causes have been speculated because the dad or mum of Hit Community, which controls the “Bitboy Crypto” model, has lower ties with Armstrong.
Nevertheless, the model mentioned the “extended effort” to assist Armstrong throughout his relapse into substance abuse in addition to reconcile the emotional, bodily, and monetary injury allegedly triggered to the workers of Hit community and the Bitboy Crypto group is the explanation for his departure.
Bitboy Crypto Components Methods With Ben Armstrong
Bitboy took to X (previously Twitter) to reveal that BJ Funding Holdings, which occurs to be the dad or mum firm of Hit Community, took decisive authorized measures to expel Armstrong. Nevertheless, the corporate didn’t present any particular particulars relating to any occasions that may have precipitated the termination of their enterprise affiliation.
“Yesterday, BJ Funding Holdings, the dad or mum firm of Hit Community, took decisive authorized motion in eradicating Ben Armstrong from the corporate, and particularly the Bitboy Crypto model. The BitSquad deserves higher and we’re going to get by means of this collectively. We want him the very best and remorse that it has come to this and are longing for the way forward for Bitboy Crypto.”
Whereas sure group members have voiced apprehensions about the way forward for the “Bitboy Crypto” model within the absence of its frontman, others maintain a distinct perspective.
Bitboy crypto fired from Bitboy crypto. Now he simply referred to as boy. pic.twitter.com/wwJYBVR2sa
— Jason A. Williams (@GoingParabolic) August 28, 2023
Armstrong’s fame hasn’t been notably constructive both. He even overtly disregarded a federal decide’s authority by failing to seem in courtroom as instructed and gloated about his determination to skip courtroom session by posting an image of himself on-line on a seaside, saying he “don’t give af.” He was later referred to the Federal Bureau of Investigation (FBI) surrounding his promotion of the now-defunct crypto trade FTX.
Response
Regardless of the drama at Bitboy Crypto, Armstrong seems to be optimistic about his personal enterprise, however not earlier than criticizing TJ Shedd & Justin Williams for allegedly making an attempt a coup at his firm. Right here’s what he needed to say regarding the affair,
“Simply confirming what goes round. It’s true. There was a mutiny at BitBoy Crypto & Hit Community. Nevertheless it received’t work. They haven’t any leverage. Till they will clone me, I’ve nothing to fret about.”
The destiny of Armstrong-backed crypto, BEN, has misplaced over 43% amid heightened scrutiny and speculations..
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