Crypto Influencer Bitboy Crypto Aka Ben Armstrong, Arrested – Here’s What Happened

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In a new turn of events with the majority of the crypto community rejoicing, the infamous cryptocurrency influencer Ben Armstrong, popularly known as “BitBoy,” has been arrested. The arrest occurred shortly after Armstrong’s live broadcast outside the home of Carlos Diaz, a consultant and nonfungible token investor reportedly associated with the Hit Network.

Unfolding the Livestream Drama

Armstrong’s intention to start a live stream was evident through his earlier post, hinting at a “very special location” as the backdrop. True to his word, he went live from outside Diaz’s residence.

The dramatic broadcast saw Armstrong accuse Diaz of life-threatening intentions, suggesting Diaz’s alleged connections with the mafia in Houston. The climax of the nearly 38-minute stream witnessed the arrival of local police, questioning Armstrong about any weapons he might possess.

The Dispute Deepens: Hit Network’s Role

The main focus of this saga seems rooted in Armstrong’s rift with Hit Network. Notably, this network manages the BitBoy Crypto brand/business. As per sources, Armstrong has ongoing litigation against Hit Network, accusing them of plotting to snatch away his company, which he has since been ousted from. The past has seen Armstrong claim that executives from the network threatened his and his wife’s lives.

Livestream Justifications

A determined Armstrong maintained throughout the stream that he was acting out of genuine fear for his safety. Despite police officers’ presence and questioning, he did not end the broadcast. While he confirmed that he was not carrying any weapons, he did reveal the presence of one in his vehicle.

This dramatic episode wasn’t the first dispute between Armstrong and the Hit Network. Last month, the BitBoy Crypto brand decided to part ways with Armstrong, their very founder. Alleged substance abuse and the potential financial strain on the workforce were the reasons cited by the network for this split.

In any case, the crypto community seems to not be on Armstrong’s side, seeing as most of them are rooting for his downfall. In the past, the influencer has been proven to be involved in several shady crypto ventures.

It remains to be seen what happens next.