- Ben Armstrong has collected over $120K after urging his Twitter followers to donate to his authorized fund.
- He lately tweeted that his media firm, HIT Community, has drained him of all his funds.
- Main crypto influencers and analysts stood up in opposition to Armstrong, accusing him of shilling rip-off tokens.
Newest experiences have confirmed that greater than $120,000 has been collected by crypto influencer Ben Armstrong, popularly often called BitBoy Crypto. Only a few hours in the past, Armstrong posted a video on Twitter discussing dying threats and blackmail he has acquired from his media firm, HIT Community. He additionally claimed that that they had drained Armstrong of all monetary assets, leaving him unable to mount a authorized battle.
Armstrong highlighted that he and his household are “scared for our lives.” Furthermore, Hit Community allegedly despatched dying threats to Armstrong after he filed a lawsuit. When he initiated authorized motion in opposition to the threats, the community “agreed to barter,” driving Armstrong to withdraw the lawsuit. In his thread, Armstrong insisted,
I’m humbly asking anybody who has ever benefited from my content material or something I’ve finished to assist donate to my authorized fund to get BitBoy Crypto again.
Whereas Armstrong’s plea has garnered main consideration and donations, different huge names within the crypto neighborhood are calling him out for inflicting losses for his viewers. For example, crypto analyst Emperor accused Armstrong of partnering with fraudulent cash and promoting them “to his harmless viewers,” main them to lose their life financial savings.
Famend web sleuth ZachXBT additionally commented concerning the people who suffered monetary losses as a consequence of Armstrong’s promotion of sketchy tasks, significantly meme cash. Armstrong was fired from the BitBoy Crypto Firm on grounds of substance abuse and for selling the bankrupt trade FTX, with out disclosing compensation preparations.
Crypto dealer Cevo famous that Armstrong had a “depressing life” each with and with out cash, henceforth celebrating his downfall. “I’m glad you lastly bought what you deserved,” remarked the knowledgeable. Concurrently, influencer 0x identified that Armstrong was carrying a Rolex watch in his newest movies, suggesting that there’s a chance he’s mendacity about his monetary scenario.