Ben Armstrong, the prominent figure behind BitBoy Crypto, has publicly addressed his sudden exit from the company. In an emotional statement, Armstrong reaffirmed his dedication to the cryptocurrency community, despite facing significant personal and professional challenges.
Armstrong’s departure from BitBoy Crypto, a major influencer in the crypto space, ignited widespread speculation within the crypto community. It was revealed on Monday that Armstrong had left BitBoy Crypto and its parent organisation, Hit Network/BJ Investment Holdings. Armstrong shared on his personal account that internal conflicts within the company led to this transition, hinting at a possible ‘coup.’
In a subsequent video uploaded on the BitBoy Crypto YouTube channel, an evidently emotional Armstrong expressed his remorse for disappointing his followers. He openly admitted to personal struggles, including substance abuse and an extramarital affair. Armstrong recognized the negative consequences of his actions on those around him, which ultimately led to his ousting. Despite these setbacks, he emphasized his commitment to addressing these issues, showcasing his resilience and determination in the face of adversity.
The official BitBoy Crypto account confirmed Armstrong’s removal on August 29, attributing it to “substance abuse” and the “emotional, physical, and financial damage he has inflicted on the employees of Hit network & the Bitboy Crypto community.”
Amid these revelations, Armstrong stressed his dedication to making amends. He expressed his intention to collaborate with the Hit Network team to ensure the continuity of the BitBoy Crypto Channel, even though he felt caught off guard by the confrontation regarding his substance abuse and infidelity. Armstrong also voiced his ambition to maintain the various brands under BitBoy Crypto, such as Voomio, Bit Boy Academy, Crucial Crypto, and Hit Network. He particularly emphasized his faith in Voomio’s potential to emerge as a leading platform for non-fungible tokens (NFTs), despite the current slump in the NFT market.
Armstrong’s candid acknowledgment and commitment to resolving his challenges underscore the possibility of resilience and transformation. His journey serves as a testament that, despite obstacles, there are also opportunities for recovery and growth. Armstrong candidly remarked that this incident might lead to more people learning about crypto, for better or worse.