Bitboy receives over $59k in crypto donations, driving group outrage
Crypto influencer Ben Armstrong, higher often called “Bitboy,” has secured $59,000 in fast crowdfunding amid authorized battle, sparking group backlash.
Armstrong tweeted an emotional video earlier at the moment, pleading with the crypto group for donations. He disclosed the emotional and monetary pressure he has been enduring as a result of ongoing authorized dispute with Hit Community.
Citing situations of blackmail, public humiliation, and even demise threats, Armstrong articulated that he’s present process “essentially the most harrowing expertise” of his existence. He contended that Hit Community has left him financially bereft, thereby crippling his capability to proceed the authorized battle with out exterior help.
On the time of writing, the Ethereum tackle linked for donations exhibits a steadiness of $59,788, accrued from 97 separate transactions. The crypto group, nonetheless, is outraged by these proceedings.
Are crypto donations getting out of hand?
The fundraising transfer has been met with scathing criticism from varied corners of the crypto world. Notable figures like ZachXBT, a blockchain investigator, highlighted Armstrong’s latest show of a Rolex watch, questioning the YouTuber’s sincerity. A number of customers have indicated that Bitboy owns a Lamborghini, which makes it odd that individuals would nonetheless donate to him. Though Armstrong has said that his automotive has been extorted by individuals affiliated with the case, no unbiased proof has surfaced to substantiate the assertion.
The favored buying and selling advisor utilizing the pseudonym Satoshi Flipper expressed deep frustration over individuals supporting Armstrong’s trigger. CoinMamba, one other pseudonymous dealer, was extra direct, advising, “There are doubtless higher avenues on your monetary contributions than aiding BitBoy.”
The donations to Armstrong come at a time when different exchanges and platforms are actively donating crypto to help victims of the latest earthquake in Morocco. The group is criticizing donors for giving their cash away to Armstrong when a disaster affecting hundreds of individuals continues to be unfolding.
