The cryptocurrency community is reeling from the recent arrest of prominent crypto influencer Ben Armstrong, whose BitBoy Crypto YouTube channel once commanded a massive following. The incident unfolded during a highly controversial livestream that captured Armstrong's confrontational behavior outside a private residence over the weekend.
In the widely circulated video, Armstrong engaged in a heated exchange with an individual identified as Carlos Diaz, whom he accused of stealing his luxury Lamborghini vehicle and making death threats. The crypto personality made several unverified claims about Diaz's alleged mafia connections and a supposed conspiracy to take control of Armstrong's business operations.
Local law enforcement responded to multiple calls from concerned neighbors who reported Armstrong's aggressive conduct. The livestream footage captured officers requesting that Armstrong cease recording and addressing the presence of a firearm in his vehicle.
During the tense encounter, Armstrong confirmed the presence of a weapon "on the back seat" of his automobile, further escalating the already volatile situation.
The blockchain personality also admitted to personal struggles, including substance abuse issues and an extramarital affair. He mentioned that BitBoy Crypto co-founder Cassie Wolfe was present in his vehicle during the incident.
Following a search by authorities, Armstrong was taken into custody. The livestream continued for several additional minutes, capturing audio of what appeared to be the crypto influencer being processed by police.
This unfortunate episode represents the latest development in a series of controversies that culminated in Armstrong's dismissal from BitBoy Crypto earlier this month. The cryptocurrency media platform announced his departure, citing inappropriate conduct and substance abuse as contributing factors.
In the aftermath of his removal, Armstrong posted an emotional apology video acknowledging poor decisions that had disappointed his substantial crypto community following. However, the recent livestream incident and subsequent arrest suggest continued personal and professional challenges for the once influential blockchain analyst.
As of this reporting, the specific charges against Armstrong remain undisclosed, leaving many questions unanswered within the cryptocurrency ecosystem. This arrest undoubtedly marks a significant turning point for the BitBoy founder and raises important questions about accountability and conduct within the crypto influencer space.