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Controversy Surrounds Armstrong
Ben Armstrong, the prominent figure behind BitBoy Crypto, has reportedly departed from the company, leaving the community pondering the reasons behind this unexpected move.
Founder of Bitcoin Jason A. Williams revealed the departure with a screenshot on Twitter, stating that Armstrong's departure is effective immediately from "Hit Network/BJ Investment Holdings and all its subsidiaries, including BitBoy Crypto and Round The Blockchain."
Bitboy crypto fired from Bitboy crypto. Now he just called boy. pic.twitter.com/wwJYBVR2sa
— Jason A. Williams (@GoingParabolic) August 28, 2023
Armstrong himself confirmed this surprising development on his personal Twitter account, joinBENCoin, acknowledging the internal struggles within his company while expressing confidence in maintaining control despite his departure.
This is Ben.
— $BEN (@joinBENCoin) August 27, 2023
TJ Shedd & Justin Williams have attempted a coup at my company.
Just confirming what is going around. It’s true. There has been a mutiny at BitBoy Crypto & Hit Network. But it won’t work. They have no leverage
Until they can clone me, I have nothing to worry about
The exact reasons behind Armstrong's sudden exit remain shrouded in mystery, triggering a range of speculations. Crypto scam investigator ZachXBT suggested a potential link between this move and Armstrong's recent involvement with questionable meme coins.
Meanwhile, Adam Cochran shared a rumor of an upcoming investigation which may have prompted Armstrong's unexpected departure with sarcasm.
Controversial Past
Armstrong has faced criticism for endorsing risky investment trading to casual investors through affiliate links, along with allegations that he sold tokens after promoting them to his audience.
Recent controversies include his partnership with the controversial meme coin creator ben.eth, which ended amid accusations of a rug pull. Armstrong's alleged failure to appear in court for a harassment allegation further added to his tumultuous image.
There have also been questions about Armstrong's digital currency, BEN. While some speculated its downfall, Armstrong quickly dismissed such possibilities in response to a query, hinting at his continued involvement in crypto ventures despite his exit from BitBoy Crypto.