Crypto Influencer Ben Armstrong Arrested After Confrontation with Former Business Partner
According to several tweets, crypto influencer Ben Armstrong was arrested on Monday following a confrontation with his former business partner, which was live-streamed on X (formerly Twitter). The Gwinnett County Sheriff’s Department website confirms the arrest of a person named “Benjamin Charles Armstrong,” although no charges have been listed.
Loaded Weapon Found in Armstrong’s Car
During the live-stream snippet on X, it was revealed that Armstrong was carrying a loaded weapon in the backseat of his car. He was also traveling with one other person at the time of the arrest.
BEN Token Prices Drop 30%
The news of Armstrong’s arrest had an immediate impact on the BEN token, which he had introduced earlier this year. The token’s value dropped by 30% as reports of the arrest began to circulate on Tuesday.
Previous Ousting from BitBoy Crypto
Armstrong’s arrest follows his previous ousting from BitBoy Crypto, his media company. In August, he was unanimously removed from the company according to an announcement made at that time. This event is believed to have played a role in the altercation that led to his arrest.
Hot Take: Ben Armstrong Faces Legal Consequences Amid Business Turmoil
Crypto influencer Ben Armstrong finds himself in legal trouble after an apparent fallout with his former business partners. His arrest and the presence of a loaded weapon during the incident highlight the seriousness of the situation. Additionally, the drop in BEN token prices suggests that investors are concerned about Armstrong’s current circumstances. It remains to be seen how these events will impact Armstrong’s future in the crypto space and whether any formal charges will be filed against him. This incident serves as a reminder of the potential risks and consequences that can arise in the volatile world of cryptocurrency.
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