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    What The FinanceWhat The Finance
    Home»NewsWire»The Downfall of Ben Armstrong: Accusations & Arrest Live on YouTube
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    The cryptocurrency community is rife with stories of meteoric rises and cataclysmic falls. However, few are as shocking as the recent allegations made against Ben Armstrong, commonly known as BitBoy. In an extraordinary turn of events, Armstrong was accused by TJ, the CEO of BitBoy Crypto (Hit Network), of various serious offences ranging from misappropriation of funds to sexual assault against several men.

    The revelations were made on the YouTube show Altcoin Daily, with the host playing a neutral third-party role. Just hours after the interview, Armstrong was arrested in Georgia under dramatic circumstances.

    The Eye-Opening Interview

    The Altcoin Daily show aimed to offer a neutral perspective, given the host’s nearly half-decade-long relationship with both Armstrong and TJ. The interview covered a range of topics, including:

    • The initial meeting between TJ and Armstrong: How their relationship blossomed before ultimately disintegrating.
    • The erosion of TJ and Armstrong’s Relationship: What led to their eventual falling out and Armstrong’s subsequent removal from the company.
    • Trademark Issues: The question of whether all company trademarks are in TJ’s name was also raised, adding another layer to the complex story.
    • Controversial Actions: Perhaps the most shocking part of the interview was the discussion around why Ben’s son’s YouTube channel was taken, and the mysterious involvement of a person named Carlos Diaz.
    • The Buyout Offer: Details were given about a buyout offer that might have been a last-ditch effort to mend fences, which clearly failed.

    The Allegations

    In a shocking development that has rattled the cryptocurrency community, Ben Armstrong, commonly known as BitBoy, faced serious allegations on the YouTube show Altcoin Daily. TJ, the CEO of BitBoy Crypto (Hit Network), accused Armstrong of:

    • Misappropriation of company funds
    • Common assault
    • Substance abuse in the workplace
    • Sexual assault against several men

    The show, which is widely followed for its insights into the crypto market, conducted the interview with the objective of offering a neutral third-party perspective, given the host’s long-standing relationship with both individuals.

    These accusations are more than just a blot on Armstrong’s reputation; they potentially pose severe legal and ethical ramifications for him and his enterprise. The scope of the allegations ranges from financial misconduct to instances of physical violence and sexual harassment, casting a pall over Armstrong’s standing in both his professional and personal life.

    Coming from TJ, a person with significant clout in the industry, these claims have generated considerable attention, igniting debates and discussions across social media platforms and potentially altering perceptions of Armstrong within the crypto space.

    Today I sit down w/ CEO of BitBoy Crypto @HitNetwork_ to discuss the reasoning on why TJ took action to remove Ben.

    My goal was to conduct this interview from the POV of a neutral 3rd-party who has an almost half a decade relationship with both individuals and PUSH BACK on some…

    — Altcoin Daily (@AltcoinDailyio) September 25, 2023

    Ben Hits Back

    In a startling revelation, Ben Armstrong, formerly known as BitBoy, took to social media to expose the enigmatic figure of Carlos Diaz, whose connections span multiple spheres of influence. Armstrong stated, “Tonight, I will be naming names involved with Carlos Diaz. I’m going to explain start to finish what the deal is with Carlos.” He promised to unveil the intricate web of relationships surrounding Carlos, which includes a producer, a gang member, a politician, and even an athlete who, at one point, secured the largest defensive line deal in history. Adding further intrigue, Armstrong claimed that Diaz was sent by none other than James Prince to settle scores at Floyd Mayweather’s gym.

    However, Armstrong didn’t stop there; he went on to express his disapproval of CryptoWendyO, once a close friend. He alleged, “CryptoWendyO, supposed to be my best friend in crypto, puts out a video clout chasing me about my fake relapse because she was in touch with Hit Network. She didn’t even get my side. One of my best friends. No more.” Armstrong’s disillusionment extends to the Altcoin Daily show as well, citing their willingness to air TJ’s allegations against him. “Just so we are clear here, Altcoin Daily is dead to me. They allowed TJ to go on their channel and spew garbage. I was very clear,” he concluded. This public falling out, coupled with Armstrong’s fresh allegations, adds another complex layer to an already tangled web of relations and rivalries within the crypto community.

    And while I’m at naming enemies, let’s not forget @CryptoWendyO

    Supposed to be my best friend in crypto. Puts out a video clout chasing me about my fake relapse because she was in touch with hit network.

    She didn’t even get my side. One of my best friends. No more.

    — Ben Armstrong (@BenArmstrongsX) September 25, 2023

    Armstrong’s Swift Arrest

    If the allegations weren’t damning enough, Armstrong was arrested just a few hours later. In a spectacle that defies belief, he was livestreaming his attempts to retrieve his confiscated Lamborghini when the arrest occurred. Armstrong wasn’t alone; he was with his mistress, a woman he had been accused of having an affair with, something that he had admitted. The arrest was officially confirmed by the local Sheriff’s Office in Georgia.

    Armstrong was not merely trying to reclaim his car; he was attempting to steal it back from an ex-business partner. Adding to the gravity of the situation, he was armed and under the influence of illegal narcotics at the time. Subsequent searches of his vehicle revealed additional illegal substances.

    JUST IN: Ben Armstrong, also known as #BitBoy, has officially been locked away in jail, as confirmed by the local Sheriff's Office in Georgia.

    BitBoy livestreamed an incident in which he attempted to steal a Lamborghini from an ex-business partner, with his mistress (whom he… pic.twitter.com/6Rrby7rFPZ

    — WhaleWire (@WhaleWire) September 26, 2023

    The Perfect Storm

    The events surrounding Ben Armstrong’s accusations and subsequent arrest have sent shockwaves through the cryptocurrency community. While it’s essential to note that these are still allegations and Armstrong is yet to be tried in court, the evidence presented thus far paints a damning picture of a man who once held significant clout in the cryptocurrency world. As we await further developments, it’s clear that this story is far from over, and the implications could be long-lasting and far-reaching.

    Author Profile

    Lucy Walker
    Lucy Walker
    Lucy Walker covers finance, health and beauty since 2014. She has been writing for various online publications.
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