Crypto Influencer Ben Armstrong Fired From the Bitboy Crypto Firm

• Ben Armstrong, broadly often called Bitboy, has been fired from the Bitboy Crypto firm.
• The Bitboy firm shared that the choice got here after a fruits of extended efforts to assist Armstrong throughout his substance abuse relapse.
• Armstrong had many circumstances with legal professionals and was accused of selling FTX.

In a current announcement, crypto influencer and YouTuber Ben Armstrong has been fired from the Bitboy Crypto firm, and the corporate has taken decisive authorized motion to take away him from the model.

On August 28, BJ Funding Holdings, the dad or mum firm of Hit Community, took to  X (previously Twitter) to share the information of taking authorized motion to take away Ben Armstrong. The corporate shared that this resolution was made after a “fruits of extended effort” in serving to Armstrong throughout his substance abuse relapse.

The Bitboy Crypto firm added that Armstrong brought about emotional, bodily, and monetary harm to the staff of the Hit community and the Bitboy Crypto group. Moreover, they added that the “BitSquad” deserved higher, wished Armstrong one of the best, and expressed their remorse over the state of affairs.

Many Twitter customers reacted to this information with assist for Armstrong and expressed concern over the way forward for the model with out Armstrong, who was its most recognizable influencer. One consumer said, “This channel is nothing with out Ben,” one other added, “Ben IS Bitboy, this may increasingly have an effect on you terribly,” and a 3rd consumer mentioned, “How do you might have Bitboy Crypto with out Bitboy.”

The announcement talked about substance abuse as the primary situation that led to Armstrong’s termination, however many speculated that it might have been associated to earlier entanglements involving Armstrong. The influencer, amongst many others, was accused of selling FTX, the bankrupt crypto change, with out disclosing their compensation agreements.

The crypto influencer denied these allegations and took to Twitter to share his opinion of the accusations. Armstrong allegedly threatened Adam Moskowitz, the lawyer, and mentioned, “I’m coming in your license, sir. Relentlessly. You made an enormous mistake. And you’ll pay for it.”

Furthermore, Armstrong has raised suspicions a few potential “secret crypto takeover plan” by Gary Gensler, the Chairman of the U.S. Securities and Trade Fee (SEC), and offered proof to assist his claims.