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BitBoy

Crypto Influencer ‘BitBoy’ Arrested Live On YouTube – Here’s What Happened

Christian Encila
by Christian Encila
Last Updated: September 26, 2023 12:00 pm
·
Posted in News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto influencer Ben Armstrong, formerly known as “BitBoy,” found himself in a bizarre and dramatic situation as he was reportedly arrested after livestreaming outside the residence of a former business associate, Carlos Diaz. 

Armstrong alleged that Diaz, who is reported to have ties with the Hit Network, was in alleged possession of Armstrong’s Lamborghini, setting the stage for a livestream that quickly took an unexpected turn.

Before going live on YouTube, Armstrong cryptically posted on X that he would be “going live soon from a very special location.”

Related Reading: Bitcoin Miners On The Defensive: Market Uncertainty Spurs Revenue Diversification – Analyst

I’ll be going live soon from a very special location on YouTube so get ready this is going to be good

— Ben Armstrong (@BenArmstrongsX) September 25, 2023

In a now-deleted livestream, Armstrong directed at Diaz, saying:

“If Carlos Diaz comes out of his house and tries to kill me live on YouTube, then it’s just gonna have to be what it’s gonna be, Carlos.” 

In addition to the Lamborghini dispute, Armstrong also made sensational claims, alleging that Diaz had ties to the Houston mafia.

“I’m not scared of you, Carlos,” Armstrong boldly declared during the livestream, raising tensions even higher.

The entire insane 37-minute #bitboy stream starting from Carlo’s driveway (him on his property) to him ending the stream. @HitNetwork_ @NickDimondi Insane! #crypto @AltcoinDailyio @cryptoblood_ @CryptoSavy1 @atozy pic.twitter.com/3YSd3pRLIm

— Ramekin (@iamramekin) September 26, 2023

Police Intervention And Arrest Of BitBoy

As the livestream continued, local law enforcement officers arrived at the scene, adding a layer of tension to the already dramatic situation. They questioned Armstrong about whether he had a weapon on him, to which he vehemently denied. 

The situation escalated, leading the officers to order Armstrong to put down his phone. The livestream abruptly went blank for the remaining 17 minutes, though audio captured snippets of the conversation between Armstrong and the police officers.

Cryptocurrency market cap currently at $1.02 trillion. Chart: TradingView.com

According to information from the Gwinnett County, Georgia, Sheriff’s Office, a person named Benjamin Charles Armstrong was booked on September 25 at 9:11 p.m. local time and is currently in custody. It remains unclear what specific charges he may be facing in connection with the incident.

Notably, this incident follows a recent development where BitBoy Crypto, the platform founded by Armstrong, distanced itself from its creator in August. 

Armstrong subsequently turned to his followers, using social media to appeal for financial support to fund his legal campaign aimed at regaining control of BitBoy Crypto. 

Related Reading: ‘Wolf Of Wall Street’ Jordan Belfort Stands Firm On Crypto Scam Claims, Except For Bitcoin

Surprisingly, cryptocurrency enthusiasts rallied behind Armstrong’s cause, contributing over $54,000 to his crypto wallets at the time of reporting. 

Substance Abuse And Financial Damage

Hit Network, the company in charge of the BitBoy Crypto brand, severed connections with its public face, Ben Armstrong, at the end of August, claiming substance addiction and the resulting financial harm to employees as the reason.

Subsequently, other lawsuits have been initiated and subsequently withdrawn by multiple parties implicated in the matter.

As the legal proceedings unfold, the crypto community awaits further details surrounding Armstrong’s arrest and the ongoing dispute with Carlos Diaz. 

Featured image from CryptoInfoBase

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Christian Encila

Christian Encila

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Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

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