Ben Armstrong $ wife Bethany Armstrong fear for their lives.
In the every changing case between Ben Armstrong and Hit Network Ceo TJ Shedd
In a Wednesday live stream on his new YouTube channel, Armstrong said that he had filed a police report due to a threatening text message he allegedly received.
Armstrong’s wife, Bethany Armstrong, also appeared on the Wednesday livestream and expressed her concern for her family’s safety, calling the experience “horrific.” “There is constant lies and betrayal going on,” Armstrong said.
This is thelatest in the battle for the bityboy crypto brand and company. If your not familiar about the whole saga let us get you upto speed.
The Genesis
In an Aug. 28 announcement on YouTube and social media channels of the famous crypto Brand BitBoy Crypto.
Yesterday, BJ Investment Holdings, the parent company of Hit network, took decisive legal action in removing Ben Armstrong from the company, and specifically the Bitboy Crypto brand. https://t.co/e0kYLKUZ4r
— Bitboy Crypto (@Bitboy_Crypto) August 28, 2023
A spokesperson for the company said the company had reached its decision to end their partnership with Ben Armstrong one of the founders of the brand following efforts to assist Armstrong “during his relapse into substance abuse,” they said expressing regret for the end of the business relationship.
The firm claimed Armstrong had inflicted “emotional, physical and financial damage” on Hit employees and others in the space.
Later filing a lasiut against him.“physically attacking” employees at the Hit Network offices by “groping, grabbing, punching, pulling, among other things to the employees, and committing other acts that were “lewd,” “obscene,” and “humiliating.” not forgetting fraud and embezzlement of company funds.
Armstrong`s Counter Claim.
Armstrong denied the allegations on X, posting what he claimed was a report of negative drug test results on Aug. 29 and describing the move by Hit Network as an attempted coup: which he followed up with a lawsuit against the hit Network CEO
Armstrong’s complaint against the Shedds sought an injunction that would force them to return control of the company, including access to its email, social media, and financial accounts.
Multiple legal filings state that Armstrong owns 67% of the company he has been removed from.
In the court hearing last week, Armstrong’s attorney James Merritt alleged that the Shedds “violated Georgia law” by removing Armstrong from the company, arguing that the situation was akin to the “employee stealing the company from the boss.”
Asking Followers for Cash to fund The Legal Battle
After Failed Bid to Reclaim Namesake Company, Ben ‘Bitboy’ Armstrong Asks Fans for Cash
YouTuber Ben “Bitboy” Armstrong has received about $60,000 so far after a judge denied his emergency injunction to regain control.
According to SocialBlade data, Armstrong’s former Bitboy YouTube channel—which has since been rebranded to “Discover Crypto”—has lost roughly 20,000 subscribers in the past month. Specifically, the channel lost 10,000 subscribers on August 30, the day of Armstrong’s first complaint, and again on September 12, the day the Shedds filed their complaint.
Armstrong hasn`t lost hope yet and he claims that he will battle it out till the end
“In the end, we will win. You can’t steal someone’s company they built on their identity and win.”
