Cryptocurrency

ZachXBT

Send

<div class="protos">
 <div>
  <div>
   <div> 
    <p><a rel="dofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> influencer YouTuber Ben Armstrong — colloquially known as BitBoy — has had his YouTube channel, Twitter account, and other social media accounts taken from him by Hit Network, the company that apparently owns the intellectual property.</p> 
    <p>The reason given for the complete takeover of Armstrong’s social media accounts was that it was part of a “prolonged effort to help Ben during his relapse into substance abuse, as well as reconcile the emotional, physical, and financial damage he has done to the employees of Hit Network.”</p> 
    <p>No specific allegations were made against Armstrong and it’s unclear what substances he’s said to be abusing, what damage he did, or how the only recognizable brand from Hit Network — BitBoy <a rel="dofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> — is any better off without its namesake.</p> 
    <p>The channel <strong>hasn’t taken down any of Armstrong’s old videos</strong> or tweets but has released new videos and livestreams under the accounts.</p> 
    <h2 class="wp-block-heading" id="h-possible-other-reasons-for-the-takeover">Possible other reasons for the takeover</h2> 
    <p>Something not mentioned by the staff at Hit Network was the influencer’s recent foray into the world of meme coins. Protos previously reported that Armstrong was working with shitcoin manufacturer ben dot eth and how their teaming up to distribute and make money on the BEN token was a pathetic and unfortunate cash grab, staining the <a rel="dofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> industry.</p> 
    <p>After Armstrong posted from the “JoinBENCoin” Twitter account that two of his former employees had “attempted a coup at [his] company,” characterizing it as “a mutiny” and claiming the move “won’t work,” <a rel="dofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a>currency sleuth ZachXBT asked if Hit Network was <strong>distancing itself from Armstrong because of his “recent involvement with all of these sketchy meme coins or something else?”</strong></p> 
    <p>Armstrong replied in the third person, “Ben hasn’t done anything.” He’s also stated that his association with the BEN token isn’t over. The coin is down over 25% in the past week.</p> 
    <figure class="wp-block-embed is-type-wp-embed is-provider-protos wp-block-embed-protos">
     <div class="wp-block-embed__wrapper"> 
      <blockquote class="wp-embedded-content" data-secret="Lu2SUF5q8A">
       BitBoy and another less famous Ben are giving crypto a bad name
      </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" style="position: absolute; clip: rect(1px, 1px, 1px, 1px);" title="“BitBoy and another less famous Ben are giving crypto a bad name” — Protos" src="https://protos.com/bitboy-and-another-less-famous-ben-are-giving-crypto-a-bad-name/embed/#?secret=XAYqsfjxNP#?secret=Lu2SUF5q8A" data-secret="Lu2SUF5q8A" width="500" height="282" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe> 
     </div>
    </figure> 
    <p><em>Read more: Who is BitBoy <a rel="dofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> and why does everybody hate him?</em></p> 
    <h2 class="wp-block-heading" id="no-more-updates-but-not-good-for-bitboy">No more updates, but not good for BitBoy</h2> 
    <p>Since yesterday, there’s been no news or information from either Armstrong or Hit Network. It’s unclear if legal action is being pursued by either party or if Armstrong is likely to be pressured by regulators for his association with meme coins, but what is absolutely certain is that this story isn’t over.</p> 
    <p><em>Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;</em><em>Twitter</em><em>,&nbsp;</em><em>Instagram</em><em>,&nbsp;</em><em>Bluesky</em><em>, and&nbsp;</em><em>Google News</em><em>, or subscribe to our&nbsp;</em><em>YouTube</em><em>&nbsp;channel.</em></p> 
   </div>
  </div> 
 </div> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/bitboy-cut-from-bitboy-crypto-who-ll-save-crypto-now-tbt60833.html">https://thebittimes.com/bitboy-cut-from-bitboy-crypto-who-ll-save-crypto-now-tbt60833.html</a></p>

BitBoy cut from BitBoy Crypto — who’ll save crypto now?

Table of Contents

TheBitTimes

Other articles published on Aug 31, 2023

Yearn Community Approved the "Launch v3 Proposal"

Judge Dismisses Uniswap Lawsuit; Describes ETH a Commodity

BingX BTCUSDT scored industry lowest Slippage after Advanced Perpetual Futures Upgrades

City University Ajman and Ajman Municipality Collaborate in Empowering Human Resources through We...

🔥opBNB — New Vote on Roobee DAO!

Swift and Chainlink Collaborate to Foster Interoperability for Tokenized Asset Markets

Join our free newsletter for daily crypto updates!