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BitBoy Begging Bowl Amid HIT Network Drama Riles Crypto Community  

2 mins
Updated by Kyle Baird
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In Brief

  • Crypto influencer BitBoy, aka Ben Armstrong, seeks donations to fund his legal battle, causing controversy within the community.
  • Armstrong, who claims to be a victim of blackmail and extortion, already raised around $40,000 in ETH at the time of writing.
  • Critics argue Armstrong's past questionable promotions led to significant losses, labeling his fundraising efforts as "pathetic" and "low."
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Crypto influencer BitBoy, also known as Ben Armstrong, has started a donation campaign to fund an ongoing legal battle. He has raised some funds, but not everyone is enamored with the crypto YouTuber.

On September 20, Ben Armstrong asked for donations to help his legal fund. Media firm HIT Network has “taken all my money from me so I can’t fight,” he lamented. 

BitBoy Asking For Donations

The influencer then went on to ask for crypto donations: 

“I’m humbly asking anyone who has ever benefitted from my content or anything I’ve done to help donate to my legal fund to get BitBoy Crypto back.”

The address he provided already had 24.7 ETH worth around $40,000 in it at the time of writing. Moreover, small donations of a fraction of an ETH were trickling in over the past four hours. 

Screenshot. Source: X/@BenArmstrongsX
Ben Armstrong Posted Tweet Asking for Money. Source: X/@BenArmstrongsX

Armstrong claims to have been the victim of blackmail, extortion, public humiliation, death threats, outright lies, and more. “I have receipts and proof 100%,” he said. 

BJ Investment Holdings, the parent company of HIT Network and BitBoy Crypto, removed the crypto influencer from the company in late August. 

HIT Network responded on September 20, stating:

“To be clear, the hearing last Thursday was for the emergency motion Ben filed seeking to have his position restored with the company, which the Judge promptly denied because it had no merit. The legal process is not concluded, but we are confident the Court will continue to validate the steps we took to protect the company and its employees.”

In late August, Armstrong filed a lawsuit against fellow YouTuber Erling Mengshoel, who uses the alias Atozy. However, he dropped the defamation suit shortly after, claiming he didn’t want it to go public. 

A few days later, Mengshoel made his gratitude known to the crypto community, who helped him raise $200,000 to fight the case brought by BitBoy.

No Funding From These Fellows 

Blockchain sleuth ZachXBT asked

“How about all the people who lost money as a direct result of you promoting sketchy projects and more recently meme coins?”

Trader “EmperorBTC” posted a photo of Armstrong sitting on the hood of a Lamborghini, telling his 360,000 X followers: 

“Don’t donate a single Penny to this Scammer. Shilled garbage to his innocent audience. Partnered with shady coins, promoted and dumped it on Poor People. Wants people to donate to him, what about the people who lost their life savings because of him? Lowest of the low Scum.”

Image source: @EmperorBTC
Image source: @EmperorBTC

Meanwhile, “Satoshi Flipper” said

“If you’re sending Bitboy money, you don’t give 2 shits about this place. Just part of the disease crippling the trust that normal & honest influencers are trying to build with their followers. Shame on you for sending him 2 pennies. People are destitute because of his past.”

Investor “Crypto Tony” told his 338,000 X followers:

“Literally woke up to seeing Bitboy begging for money. This is a guy who has made millions and millions. Doesn’t really get more pathetic than this, and another low towards his community.”

“Certainly must be near a bear market low now,” he added. 

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Martin Young
Martin Young is a seasoned cryptocurrency journalist and editor with over 7 years of experience covering the latest news and trends in the digital asset space. He is passionate about making complex blockchain, fintech, and macroeconomics concepts understandable for mainstream audiences.   Martin has been featured in top finance, technology, and crypto publications including BeInCrypto, CoinTelegraph, NewsBTC, FX Empire, and Asia Times. His articles provide an in-depth analysis of...
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