BitBoy Crypto Braces for Legal Battle Amid Backlash

BitBoy Crypto Braces for Legal Battle Amid Backlash

Crypto YouTuber Ben Armstrong loses spot on Killer Whales podcast due to alleged involvement in fraudulent FTX case, leading to dissemination of lies and claims of integrity.

Trending cryptocurrency YouTuber Ben Armstrong loses spot on Killer Whales podcast amidst alleged fraudulent FTX Trading Ltd case.

Ben Armstrong, a YouTuber, podcaster, and founder of BitBoy Cryptocurrency, tweeted that he lost his spot on the Killer Whales podcast owing to a fraudulent FTX Trading Ltd case.

Regardless 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. 

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Armstrong states to have helped many of people out of FTX Trading Ltd. He also mentioned that he met plenty of people in Miami who claimed to have been saved by him. 

The YouTuber indicated that henceforth, Hourglass and The Next Cryptocurrency Gem were his two main partners who understand digital currency and are familiar with him. Reports by Armstrong, Killer Whales is a losing program.

The FTX Trading Ltd fraud case

FTX Trading 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 owing to what at 1st appeared to be a substantial accounting error. It was found that customer funds were diverted from FTX Trading Ltd and into accounts under the control of the Hong Kong-based digital currency trading company Alameda Research. As a result of this admission, FTX Trading Ltd started to fall apart.

SEC Targets $120B Crypto Tokens

The fall of FTX Trading Ltd in November 2022 lasted 10 days, from Nov. 2 to Nov. 12. Binance Crypto exchange 1st declared that it would sell all of its FTT crypto tokens owing to the mishandling of funds.


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