Bitboy Crypto Channel Founder, Ben Armstrong, Granted Bail Following Arrest

It seems that Armstrong has encountered a significant disagreement with his former business partners, as evident from multiple tweets.

Renowned figure in the crypto space, Ben Armstrong, has been released on bail after he was taken into custody late on Monday following an apparent altercation with his ex-business associate. A portion of this incident was live-streamed on X, previously known as Twitter.

According to an online record from the Gwinnett County Sheriff’s Department, an individual by the name of "Benjamin Charles Armstrong" was arrested on charges of "loitering/prowling" and "simple assault by causing fear in another," with a bail amount of $2,600.

During the incident, Armstrong was allegedly discovered with a firearm in the rear seat of his vehicle, and he was accompanied by another individual, as seen in a snippet of the live-stream on X.

Upon the revelation of Armstrong's arrest, BEN tokens, which Armstrong introduced earlier this year, experienced a substantial 30% decline.

Armstrong turned to Twitter to address the incident and share his perspective.

This is the hardest tweet I ever have had to make. I need to make a confession I never imagined I would admit

I’m not even really sure if I have the courage to say it but I’m going to do my best

Here it goes: My name is Ben and I’m a loiterer. I did 8 whole hours in the slammer

— Ben Armstrong (@BenArmstrongsX) September 26, 202

Back in August, it was announced that Armstrong had been ousted from his media venture, BitBoy Crypto, through a unanimous decision. This preceding event likely laid the groundwork for Monday's altercation.

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