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Right this moment, BitBoy Crypto revealed on Twitter that they’ve minimize ties with Ben Armstrong, a high-profile determine within the crypto scene. The announcement talked about that the choice was enforced by BJ Funding Holdings, which is the guardian firm of Hit Community. They tweeted, “Yesterday, BJ Funding Holdings, the guardian firm of Hit Community, took decisive authorized motion in eradicating Ben Armstrong from the corporate.”
Yesterday, BJ Funding Holdings, the guardian firm of Hit community, took decisive authorized motion in eradicating Ben Armstrong from the corporate, and particularly the Bitboy Crypto model. https://t.co/e0kYLKUZ4r
— Bitboy Crypto (@Bitboy_Crypto) August 28, 2023
Of their tweet, BitBoy Crypto acknowledged that their transfer was pushed by “tough” causes. These included unverified private allegations in opposition to Armstrong, which he has but to verify. The corporate indicated that the motion was taken to fix the emotional, bodily, and monetary toll Armstrong allegedly took on the staff of each BitBoy Crypto and Hit Community.
Reconcile the injury Armstrong has completed to the staff of Hit Community & the Bitboy Crypto neighborhood
TJ Shedd, the CEO of Hit Community, elaborated on the scenario throughout a YouTube livestream this morning. He specified that the removing goals to “assist reconcile the emotional, bodily and monetary injury [Armstrong] has completed to the staff of Hit Community & the Bitboy Crypto neighborhood.”
For individuals who won’t know, Hit Community is a platform centered round content material creation. It companions with varied manufacturers to ship content material in realms resembling cryptocurrency, entrepreneurship, gaming, music, and sports activities. In response to its official web site, BitBoy Crypto is not only a model below Hit Community however stands as its hottest one.
Ben Armstrong Responds
In response to the announcement, Ben Armstrong reportedly tweeted by way of the BenCoin Twitter account, saying:
That is Ben. TJ Shedd & Justin Williams have tried a coup at my firm. Simply confirming what goes round. It’s true. There was a mutiny at BitBoy Crypto & Hit Community. However it gained’t work. They haven’t any leverage. Till they’ll clone me, I’ve nothing to fret about.
The neighborhood’s response to the information has been blended. The YouTube livestream that introduced the choice had a number of viewers who have been upset about Armstrong’s exit. Many even known as for his return to the corporate. In the meantime, a Reddit publish titled “Finish Of An Period? – Ben Armstrong” attracted enthusiastic feedback, with one person even asking, “What took so lengthy?”
As for Armstrong, he’s at present going through a class-action lawsuit together with different celebrities for allegedly selling a now-defunct crypto trade known as FTX. The lawyer for the plaintiffs has accused Armstrong of constructing “day by day violent threats” by way of cellphone and electronic mail after the go well with was initiated.
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