Crypto Live News

Crypto Community Caught Between Saving BitBoy and Letting Him Drown

  • BitBoy has requested donations to help cover his legal fees.
  • His loyalists have donated over $100,000 and are still counting.
  • Other crypto community members urge the community to act smarter and not encourage scammers.

Prominent crypto influencer Ben Armstrong (BitBoy) has been breaking headlines across the online crypto space. Most recently, he has requested for donations from the crypto community claiming to be receiving death threats.

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In detail, BitBoy needs funds for legal fees. The figure was kicked out of his own foundation known as BitBoy Crypto. This is a space that hosts what claims to be the largest crypto community on the Internet.

He was kicked out for shilling scam tokens and allegedly conning investors of their funds. Now he is pleading with the crypto community to fund his legal fees as he believes BitBoy Crypto should belong to him. 

Astonishingly, despite his many near-criminal activities, his loyal following made donations. In fact, BitBoy has already received $100,000 in donations and it is only climbing higher. Indeed, while one side of the crypto community coin supports the alleged fraudster, the other half condemns him and his followers. 

For instance, the post above sums the scenario down with its content. It shows how BitBoy is swimming in a pool of self-made privilege. While he owns numerous assets which he can sell to fund his legal fees, he simply refuses. 

To highlight, BitBoy’s videos showcase his expensive cars and watches. Meanwhile, Binance CEO himself states that his Binance Wallet worth $650,000 is still in BitBoy’s control. Even with millions in his portfolio, he refuses to sell, waiting for a bull run. 

Thus, the post by Crypto Nova, a long-time crypto analyst, urges the community to think and act smarter. She urges us to stop engaging and supporting scammers, because ultimately, they will only come back again and again to do the same.

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Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

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