Ben Armstrong Plans to Sell His Bored Ape NFT
Ben “Bitboy” Armstrong, a well-known non-fungible token (NFT) influencer and former host of the Bitboy Crypto YouTube channel, has announced his intention to auction off his Bored Ape Yacht Club NFT. This digital collectible, part of the NFT collection from Yuga Labs, is being offered for sale at a price of 56 ETH or $96,488.
I’m selling my Bored Ape. Will be open to offers. Have to move some money around so I can de-leverage it, but then it can be yours. I paid 56 ETH for it.
Additionally, there is a $10k physical statue and a $2500 painting that exist, but @VoomioNFT will have to release them. pic.twitter.com/tlGS1oc5uE
— Ben Armstrong (@BenArmstrongsX) October 1, 2023
Additional Physical Items Offered
In addition to the NFT, Armstrong is also offering a physical statue worth $10,000 and a painting valued at $2,500. These items will be released by VoomioNFT. It appears that Armstrong is facing some financial difficulties and is looking to raise funds through the sale of his NFT collection.
About Ben Armstrong
Ben Armstrong, born in 1982, is an American YouTuber known for his BitBoy Crypto YouTube channel and website. He provides tips, news, and updates on the cryptocurrency industry. With over 1.5 million subscribers on YouTube and 1 million followers on Twitter, he has gained a significant following in the crypto community.
Armstrong has made most of his money through early investments in cryptocurrencies and collaborations with various projects, exchanges, and funds. He first invested in Bitcoin in 2013 and has since diversified his portfolio to include a wide range of digital assets, including the Bored Ape Yacht Club NFT collection that he is now selling.
Criticism Faced by Ben Armstrong
Since announcing his plans to sell one of his expensive NFT collections, Armstrong has faced widespread criticism from his followers. Many argue that he should have sold the collection earlier instead of seeking donations. This criticism comes after Armstrong appealed for support from his followers to fund his legal defense in an ongoing lawsuit against Hit Network CEO TJ Shedd and Shedd’s father.
You fat greedy fuck. Why didn’t you sell your BAYC before asking for donations tf is wrong with you
— STILL K.A.P.O (@KAPOTHEGOAT01) October 1, 2023
Ben Armstrong’s Legal Battle
Last month, Armstrong appeared in court as part of his lawsuit against Hit Network CEO TJ Shedd and Shedd’s father. Unfortunately, he was denied an order to regain control of his company. In an effort to gather funds for his legal defense, Armstrong appealed to his supporters for donations. Within 24 hours, fans had donated around $60,000 worth of Ethereum and Bitcoin.
Thank you guys so much for the donations so far. I know it’s hard out there for people and I’m so appreciative that you guys have chosen to help me.
Truly humbled by everyone.
— Ben Armstrong (@BenArmstrongsX) September 20, 2023
Hot Take: Ben Armstrong Faces Backlash for Selling NFT Collection
Ben Armstrong, a prominent NFT influencer, has received significant criticism from his followers after announcing plans to sell one of his expensive NFT collections. Many argue that he should have sold the collection earlier instead of asking for donations. This backlash comes after Armstrong appealed to his supporters for funds to support his legal defense in an ongoing lawsuit. Despite having a large following and success in the crypto industry, Armstrong’s decision to sell his NFT collection has raised questions about his financial situation and priorities.
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