BitBoy removes host Ben Armstrong amid meme coin controversy – stories

Ben Armstrong, the influential determine behind BitBoy Crypto, has reportedly left the corporate, leaving the crypto neighborhood in hypothesis.

Based on a screenshot shared by Bitcoin creator Jason A. Williams on X, Armstrong’s exit from “Hit Community/BJ Funding Holdings and all its subsidiary manufacturers, together with BitBoy Crypto and Round The Blockchain,” is efficient instantly.

Armstrong himself confirmed the sudden improvement on his private X account, joinBENCoin, stating,

“TJ Shedd & Justin Williams have tried a coup at my firm… There was a mutiny at BitBoy Crypto & Hit Community. Nevertheless it gained’t work. They don’t have any leverage.”

This assertion acknowledges the inner battle inside his firm however suggests confidence in retaining management regardless of his departure.

The explanations behind Armstrong’s exit stay unclear, fueling an array of conjectures. Crypto rip-off investigator ZachXBT questioned whether or not this sudden transfer linked with Armstrong’s current engagement with a number of ‘sketchy’ meme cash. Nevertheless, a concrete correlation between the 2 occasions is but to be established.

Armstrong has confronted a wealth of criticism for selling dangerous investments buying and selling to informal buyers by way of affiliate hyperlinks, together with claims he bought tokens after selling them to viewers.

On this whirlwind of adjustments, the destiny of Armstrong’s digital forex, BEN, additionally got here below scrutiny. Although some followers speculated its downfall, Armstrong, responding to a question in a submit, shortly dismissed any such prospects. The assertion hints at his continued involvement in crypto ventures regardless of his exit from BitBoy Crypto.

Rumors of a possible investigation involving Armstrong have additional stirred the pot. Adam Cochran shared his anticipation for Armstrong’s departure with sarcasm, citing a rumor of an impending investigation which may have triggered the sudden transfer.

Whereas Armstrong’s departure has actually despatched ripples by way of the crypto neighborhood, the precise impression on BitBoy Crypto and BEN is but to be seen.

The official BitBoy X account has not launched any formal assertion as of press time. It presently has a promotional submit for the crypto betting platform stake.com as its pinned submit.

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