Trending cryptocurrency YouTuber Ben Armstrong loses spot on Killer Whales podcast amidst alleged fraudulent FTXย Tradingย Ltd case.
Ben Armstrong, a YouTuber, podcaster, and founder of BitBoy Cryptocurrency, tweeted that he lost his spot on the Killer Whales podcast owingย to a fraudulent FTXย Tradingย Ltd case.
Regardlessย of upholding their integrity without wavering, some people, like Paul Caslin, have resorted to disseminating lies about the situation. Armstrong stated that all the people involved in his dismissal would regret not taking the side of truth and choosing to live in fear after he threatened to sue Adam Moskowitz.ย
Armstrong states to have helped manyย of people out of FTXย Tradingย Ltd. He alsoย mentionedย that he met plentyย of people in Miami who claimed to have been saved by him.ย
The YouTuber indicatedย that henceforth, Hourglass and The Next Cryptocurrency Gem were his two main partners who understand digitalย currency and are familiar with him. Reportsย by Armstrong, Killer Whales is a losing program.
The FTXย Tradingย Ltd fraud case
FTXย Tradingย Ltd was one of the platforms of trading that was launched by Sam Bankman-Fried in 2019. Nonetheless, the platform collapsed towards the end of 2022. Users and investors lost billions of dollars owingย to what at 1st appeared to be a substantial accounting error. It was found that customer funds were diverted from FTXย Tradingย Ltd and into accounts under the control of the Hong Kong-based digitalย currency trading company Alamedaย Research. Asย aย resultย ofย this admission, FTXย Tradingย Ltd started to fall apart.
The fall of FTXย Tradingย Ltd in November 2022 lasted 10 days, from Nov. 2 to Nov. 12. Binanceย Cryptoย exchange 1st declared that it would sell all of its FTT cryptoย tokens owingย to the mishandling of funds.
