Solana

ZachXBT

Bahamas

Pink

Ben Armstrong, known as BitBoy Crypto, has issued a public apology to the Solana community for comments he made a few years back. These are comments which Armstrong said he had been tricked into making and now believes were misleading and false. 
He expressed hope that as more information becomes available about what happened, members of the community would be able to understand the reasons for his actions.
<h2 id="ben-armstrong-apologizes-to-solana-community">Ben Armstrong Apologizes to Solana Community</h2>
<a href="https://coingape.com/tag/ben-armstrong/" rel="noopener noreferrer nofollow">Ben Armstrong</a> detailed the events that led up to him making these statements that caused quite a stir. He was preparing to fly down to The Bahamas where he would have a face off with Sam Bankman-Fried (SBF) when CryptoWendyO, another crypto influencer reached out to him. WendyO stated on their phone call that she had received information from Solana Whales concerning money laundering during the pause of its blockchain.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Another crazy <a href="https://twitter.com/CryptoWendyO?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@cryptowendyo</a> story.
 First, I would like to officially apologize to the Solana community for something I said a few years ago &amp; I'm hoping that now that things are coming out, you will hear me out &amp; understand WHY I was manipulated to say that.
 Let me explain…
 — BitBoy (@BenArmstrongsX) <a href="https://twitter.com/BenArmstrongsX/status/1817188841196863790?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 27, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Though he found it implausible, Armstrong disclosed how it was forced upon him and spread by himself. His ignorance and lack of technical expertise were responsible for his actions resulted in public mockery from within the Solana community. Armstrong tweeted, 
<blockquote>
 “I was manipulated to say that… hoping that now that things are coming out, you will hear me out &amp; understand WHY.” 
</blockquote>
TJ Shedd and Justin Williams, according to Armstrong’s new beliefs are some of Hit Network employees who manipulated him. They were determined to make people lose faith in him soilinghis name in this industry appertaining cryptocurrency. TJ is described by him here as a genius manipulator who used Ben’s known reactions against him while organizing this incident.
<h2 id="strong-repercussions-and-further-allegations-strong">Repercussions and Further Allegations</h2>
Consequently, after his tweet about <a href="https://coingape.com/tag/solana-sol/" rel="noopener noreferrer nofollow">Solana</a>, there were incessant attacks by other users which contributed towards his loss of reputation among them. There was also an episode following this where he was booed off stage at Miami as part of a wider strategy aimed at further shaming him. Many individuals including Justin Williams and ZachXBT stood against Armstrong claiming they have all worked together in order to destroy his good name take over his career around cryptocurrencies.
In his detailed account, Armstrong revealed that his involvement in the Atozy lawsuit,&nbsp; from which he eventually withdrew –he argued that his opponents schemed this. He argued that the $PAMP project was designed by Williams, and the lawsuit was intended to distract him from discovering the truth.
Henceforth, Armstrong stated that these were just a tip of the iceberg since those people including ZachXBT have been involved in different illegal activities such as phishing scamming and money laundering. The next thing he did is calling out ZachXBT saying there are no investigations into all this despite evidence available for him. He stated, 
<blockquote>
 “Weird. Then do some work. Millions of investor funds were stolen. This is going to be the biggest story in crypto &amp; you won’t touch it. We have all the chainalysis.”
</blockquote>
<h2 id="zachxbt-denies-bitboy-accusations">ZachXBT Denies Bitboy Accusations</h2>
However, ZachXBT responded to these accusations by denying any contact with his previous partners and doubting the credibility of Armstrong’s allegations. 
ZachxTB reminded everyone how he has always alerted them about anything related to BitBoy Crypto. He also challenged Ben to put forward on-chain analysis or go legal if he actually had anything substantial to say.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 I warned people for years to stay away from Bitboy Crypto related projects.
 Why should I feel bad for people who put money into a team I told them to avoid in the first place?
 Tryharder/Skenkir, Yahya, PJ, Smoke, and Pink Drainer did the SIM swap not your business partners. <a href="https://t.co/Tu0bFzOMIE" rel="noopener noreferrer nofollow">https://t.co/Tu0bFzOMIE</a>
 — ZachXBT (@zachxbt) <a href="https://twitter.com/zachxbt/status/1817230597359870352?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 27, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Nevertheless, Ben Armstrong remains steadfast in his claims insisting that he has proof of a massive money laundering conspiracy involving multiple influencers. In order not to be implicated as being part of it, he called upon other crypto detectives such as ZachXBT among others to look into the matter asserting that their refusal to do so would implicate them in the scandal.
Read Also: <a href="https://coingape.com/just-in-donald-trumps-100m-fundraiser-reportedly-reaches-50/" rel="noopener noreferrer nofollow">Donald Trump’s $100M Fundraiser Reportedly Reaches 50%</a>
The post <a href="https://coingape.com/ben-armstrong-apologizes-to-solana-community-heres-why/" rel="noopener noreferrer nofollow">Ben Armstrong Apologizes to Solana Community, Here’s Why</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Ben Armstrong Apologizes to Solana Community, Here’s Why

Table of Contents

Coingape News Media

Other articles published on Jul 27, 2024

Bitgert Coin Forecast: Crypto Experts Predict +500% Price Surge Ahead

The state of Michigan invests part of its retirement funds in Bitcoin.

VanEck CEO Owns ‘Way Over 30%’ In Bitcoin, Asset Manager Sees $2.9M Price By 2050

Shiba Inu Burn Rate Jumps 225% as SHIB Enters Epic Rebound Mode

Market Excitement Builds: XRP, DOGE, ADA Surge Before Trump’s Nashville Speech

Grayscale ETHE’s $1.5B drain – When will its effect ease on ETH’s price?

Join our free newsletter for daily crypto updates!