Updated on:12/06/2025 05:22 PM 
The cryptocurrency landscape has been rocked by the sudden departure of Ben Armstrong, the influential mind behind BitBoy Crypto, with multiple sources confirming his immediate removal from the organization amid escalating controversy.
Documentation shared by Bitcoin author Jason A. Williams on the X platform reveals that Armstrong's separation from "Hit Network/BJ Investment Holdings and all its subsidiary brands, including BitBoy Crypto and Around The Blockchain," has been executed without delay.
Armstrong himself acknowledged the unexpected development on his personal X account, joinBENCoin, confirming the split while maintaining confidence in his ability to retain control of his personal brand and digital assets despite the corporate separation.
The specific catalysts for Armstrong's departure remain undisclosed, fueling rampant speculation throughout the digital asset community. Renowned crypto investigator ZachXBT suggested potential connections between this abrupt exit and Armstrong's recent endorsement of numerous questionable meme coins, though no definitive correlation has been established between these occurrences.
Throughout his career, Armstrong has encountered substantial criticism for advocating speculative investments to novice investors through affiliate arrangements, coupled with assertions that he divested tokens immediately after promoting them to his followers.
Amidst this organizational turbulence, the future trajectory of Armstrong's native cryptocurrency, BEN, has come under examination. While some supporters anticipated potential devaluation, Armstrong promptly refuted such possibilities in a recent communication, indicating his ongoing involvement in blockchain initiatives despite his departure from BitBoy Crypto.
Crypto analyst Adam Cochran responded to the news with apparent irony, alluding to rumors of an impending investigation that may have accelerated Armstrong's sudden departure from the company.
While Armstrong's exit has certainly created ripples across the cryptocurrency ecosystem, the full implications for both BitBoy Crypto and BEN token remain to be determined.
The official BitBoy Crypto X account subsequently published a formal declaration stating that Armstrong was dismissed due to complications with "substance abuse" and the "emotional, physical and financial detriment he has caused to Hit network employees and the Bitboy Crypto community." This announcement superseded a promotional content for the cryptocurrency wagering platform stake.com as the account's featured post.
Content updated on August 29, 2023, following the issuance of the official corporate response.
