In an unexpected turn of events in the world of cryptocurrency, Ben Armstrong, formerly known as the face of BitBoy Crypto, has managed to amass a staggering $150,000 in cryptocurrency from his loyal fanbase. The funds were raised to fuel Armstrong’s legal battle against the parent company that abruptly removed him from the brand. This dramatic saga has captured the attention of the crypto community and beyond.
Armstrong’s Cry for Legal Support
Reports have emerged that the crypto influencer received over $62,000 in Ethereum from 117 different addresses and an additional $91,000 in Bitcoin, involving more than 50 transactions. Astonishingly, these funds poured in within a mere three days after Armstrong appealed to his supporters for financial assistance in his impending legal battle.
A Change in Identity
Despite his departure from BitBoy Crypto, Ben Armstrong has not accepted the allegations levied against him by the company’s parent, and he remains steadfast in his intention to take legal action. On his X profile (formerly Twitter), Armstrong, who boasts 35,560 followers, has rebranded himself with a powerful statement: “Don’t call me BitBoy anymore. My name is Ben Armstrong. Follow me if you like crypto and be a part of $BEN Nation.”
The BitBoy Crypto Controversy Unveiled
The controversy surrounding Ben Armstrong’s abrupt removal from BitBoy Crypto unfolded just a month ago. The official BitBoy Crypto account on X (formerly Twitter) announced to its staggering 1 million followers that they had parted ways with the popular YouTuber. The official statement cited Armstrong’s alleged drug abuse as the primary reason for his dismissal, claiming that it had resulted in significant financial, emotional, and physical damage to the company.
The Legal Battle Begins
The decision to remove Armstrong from BitBoy Crypto was executed by BJ Investment Holdings and its parent company, Hit Network, through decisive legal action. Immediately after his ousting, Armstrong sought an emergency injunction against Hit Network’s CEO, TJ Shedd, and CFO, Timothy Shedd Sr., but his request was met with rejection by the Georgia court.
Undeterred by the initial setback, Armstrong turned to his loyal fanbase for support in raising funds to pursue a new subpoena. The cryptocurrency community responded in a remarkable show of solidarity, contributing generously to his cause.
The Ripple Effect
As both sides gear up for an impending legal showdown, the repercussions of Ben Armstrong’s removal from BitBoy Crypto’s brand are already being felt. The departure of the public face of the trademark has cast a shadow over Hit Network and its affiliates, leaving them grappling with the aftermath of this high-profile separation.
In Conclusion
The unfolding drama surrounding Ben Armstrong, formerly known as BitBoy Crypto, continues to captivate the cryptocurrency community and curious onlookers alike. With $150,000 in cryptocurrency raised in record time, Armstrong appears resolute in his pursuit of legal justice, challenging the allegations that led to his ousting from the brand he once represented. As the legal battle gains momentum, the world watches with bated breath, eager to see how this captivating crypto saga unfolds.
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