In a sensational turn of events, popular crypto influencer Ben Armstrong, renowned as “Bitboy” on YouTube, has taken the legal route by filing a lawsuit against his former colleagues at the Hit Network media company. This lawsuit has ignited a fiery battle for control, with accusations and counterclaims echoing through the crypto community.
A Clash Over Control and Ownership
Bitboy Armstrong, who founded the Hit Network in 2018, finds himself in the midst of a contentious legal dispute. He alleges that his former colleagues orchestrated his unjust removal from the company he painstakingly built. Armstrong asserts that, contrary to their actions, he still holds the majority stake in the company.
Furthermore, he accuses his ex-colleagues of a series of grave misdeeds. These allegations include attempts to wrest control of the company from him, locking him out of his essential accounts, and the improper use of company funds. The lawsuit does not stop at these claims; it also raises the specter of fraud within the organization.
The Financial Stakes
Behind this legal battle lies significant financial implications. The lawsuit sheds light on the substantial financial prowess of the Hit Network, revealing that it rakes in approximately $1 million in monthly advertising revenue. Bitboy Armstrong’s legal action seeks not only damages but also control of the company and access to its financial records, underlining the high stakes involved.
Counterclaims and Renaming
In a swift response, Bitboy Armstrong’s former colleagues have fired back with counterclaims. They allege incidents of physical assault and workplace drug use, accusations vehemently denied by Armstrong. This legal showdown has intensified emotions on both sides, as supporters weigh in on the unfolding drama.
The crypto community reacts
The legal battle between Bitboy Armstrong and his former colleagues transcends the courtroom, resonating deeply within the crypto community. It has sparked fervent discussions and garnered support from his dedicated fan base. The renaming of the YouTube channel previously associated with Armstrong has added fuel to the already blazing dispute.
As the courtroom drama unfolds and allegations fly, the crypto world watches with bated breath, witnessing a showdown that could have far-reaching consequences for both Bitboy Armstrong and the Hit Network. Stay tuned as this crypto influencer battle continues to captivate and polarize the community.