Cryptocurrency commentator Ben Armstrong, widely recognized as Bitboy Crypto, has reportedly been apprehended by authorities in front of the residence of Carlos Diaz, his former business collaborator. On the 25th of September, Armstrong was positioned outside Diaz’s home, where law enforcement later arrived to detain him.
Armstrong initiated a live broadcast on YouTube to address Diaz, accusing him of both blackmail and theft, particularly of his Lamborghini. The livestream was abruptly cut off as police officers arrived at the location to search and interrogate him.
While engaging in dialogue with the police, Armstrong disclosed that he was not carrying any weapons but indicated that a firearm was present in his vehicle. Additionally, he mentioned that a woman, with whom he acknowledged having an extramarital affair, was also in the vehicle. Armstrong stated that she was “a part of the current situation” and confirmed that his spouse was aware of the affair.
The arrest quickly gained traction within the cryptocurrency community on social media platform X, previously known as Twitter. Numerous posts included additional details about the incident, as well as the complete video recording of the livestream. Concurrently, the Sheriff’s Department of Gwinnett County, Georgia, published an updated listing, revealing that 40-year-old Benjamin Charles Armstrong had been incarcerated with a set bond amount of $2,600.
Carlos Diaz, who specializes in the Non-Fungible Token (NFT) market and is also an investor, corroborated Armstrong’s appearance at his residence. He released security camera footage via platform X, capturing Armstrong in front of his property, smartphone in hand, knocking on his door.
This development follows the news from last month that Armstrong was officially ousted from the Bitboy Crypto YouTube channel and the brand of the same name. The controlling entity, Hit Network’s parent company, provided the justification for this decision, citing Armstrong’s renewed issues with substance abuse as well as alleged detrimental impacts he had inflicted upon employees and members of the community.
Your opinions on Ben Armstrong’s recent actions and arrest are welcomed in the comments section below.
Table Of Contents
Frequently Asked Questions (FAQs) about Bitboy Crypto Arrest
What led to the arrest of Ben Armstrong, also known as Bitboy Crypto?
Ben Armstrong was arrested outside the residence of his former business partner, Carlos Diaz, on September 25th. He was attempting to confront Diaz during a live broadcast on YouTube, accusing him of extortion and theft, specifically of his Lamborghini.
Who is Carlos Diaz and what is his relationship with Bitboy Crypto?
Carlos Diaz is a consultant in the Non-Fungible Token (NFT) market and an investor. He was a former business partner of Ben Armstrong, also known as Bitboy Crypto. Armstrong was outside Diaz’s residence at the time of his arrest.
Was Bitboy Crypto armed at the time of his arrest?
No, Ben Armstrong disclosed to the police that he was unarmed at the time of his arrest. However, he did inform the authorities that a firearm was present in his vehicle.
Was anyone else involved in the situation?
Yes, during his interaction with the police, Armstrong mentioned that a woman, with whom he had an extramarital affair, was also in the vehicle. He stated that she was a part of the current situation and confirmed that his spouse was aware of the affair.
How has the cryptocurrency community reacted to the arrest?
The arrest generated considerable attention within the cryptocurrency community, particularly on social media platform X, formerly known as Twitter. Various posts were made that included details about the incident, as well as the complete video recording of the livestream.
What was the bond amount set for Ben Armstrong’s release?
According to the updated police record, a bond amount of $2,600 was set for 40-year-old Benjamin Charles Armstrong, also known as Bitboy Crypto.
Why was Ben Armstrong removed from the Bitboy Crypto YouTube channel last month?
Ben Armstrong was removed from the Bitboy Crypto YouTube channel and the associated brand last month due to a relapse into substance abuse and alleged detrimental impacts he had inflicted upon employees and members of the community, as cited by Hit Network’s parent company.
The news and footage regarding Ben Armstrong’s arrest were primarily disseminated via social media platform X, formerly known as Twitter, where both the cryptocurrency community and Carlos Diaz himself shared posts and videos.
More about Bitboy Crypto Arrest
- Original Livestream of Bitboy Crypto’s Confrontation
- Carlos Diaz’s Response and Security Footage
- Gwinnett County Sheriff’s Department Booking Information
- Statement from Hit Network’s Parent Company
- Community Reactions on Platform X
- Previous Coverage of Bitboy Crypto’s Removal from YouTube Channel
8 comments
2600$ bond, really? thats like pocket change for Bitboy. but the real cost will be to his brand.
This is why mixing personal life with business is never a good idea. It blows up spectacularly, just like this. Armstrong should have known better.
Crazy times we live in… One moment you’re a crypto influencer and the next you’re in handcuffs. The crypto world is wild, man.
Called it. knew something was off when he got removed from his own YouTube channel. this just confirms it.
Unfortunate turn of events for both parties involved. Legal troubles and reputation damage will be hard to recover from. Let this be a lesson.
Wow, can’t believe this happened to Bitboy. I’ve been following him for years. What’s going on, seriously??
Just watched the security footage from Diaz’s home. Crazy stuff. But where’s the Lambo? Bitboy needs to give some solid proof.
Innocent until proven guilty. Lets not jump to conclusions. Let the authorities do their job.