YouTuber Ben Armstrong Denied Injunction Against Hit Network After Ouster As CEO Amid Accusations of Misconduct
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Ben Armstrong, former host of Bitboy Crypto YouTube channel, was denied emergency injunction in lawsuit against Hit Network CEO TJ Shedd.
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Armstrong claims he owns 67% of Hit Network but was removed; Shedds allege misconduct, inappropriate use of funds by Armstrong.
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Since removal, Armstrong's YouTube channel has lost 20,000 subscribers; Hit Network hired security guard.
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Shedds allege Armstrong took loans against company NFTs then failed to repay, costing assets.
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Armstrong fundraising from fans for legal fees, claims threats; says he filed police report.