Will Crypto Ever Be Rid of Influencers Like BitBoy?

Ben Armstrong, host of BitBoy Crypto, has been fired and will lose the moniker and brand he created, prompting speculation about who will replace him and why it took so long for someone with his controversies to be removed.

coindesk.com

Relevant topic timeline:

8/28/2023

BitBoy Crypto brand will no longer include YouTuber Ben Armstrong

Crypto influencer Ben Armstrong has been cut ties with by the parent company of "BitBoy Crypto" due to alleged substance abuse and financial damage to employees, following his involvement in a class-action lawsuit and controversial behavior towards high-profile figures.

9/3/2023

SEC delays BTC ETF decision, Grayscale triumphs SEC, and BitBoy gets the boot: Hodler’s Digest, Aug 27 – Sept 2

Grayscale wins a victory in its battle against the SEC as a judge allows a second review of its Bitcoin ETF application, Ben Armstrong is removed as the public face of BitBoy Crypto due to substance abuse and financial damage, and the SEC delays its decision on six spot Bitcoin ETF applications.

9/12/2023

YouTuber Sues Hit Network CEOs for Alleged Company Takeover and Fraud

YouTuber Ben Armstrong, also known as "Bitboy," has filed a lawsuit against Hit Network CEO Timothy Shedd Jr. and his father for removing Armstrong from the media company he created, alleging theft of the company, fraud, and diversion of company funds for personal gain.

9/20/2023

YouTuber Ben Armstrong Denied Injunction Against Hit Network After Ouster As CEO Amid Accusations of Misconduct

Former Bitboy Crypto YouTube host Ben "Bitboy" Armstrong has been denied an emergency injunction in his lawsuit against Hit Network CEO TJ Shedd and his father by the Cobb County Superior Court in Georgia, with Armstrong now seeking funds for his legal defense after fans donated around $60,000 worth of Ethereum and Bitcoin within 24 hours.

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Posted 8/29/2023, 2:14:00 PM