Home All Coins Nft Crypto Influencer Faces Continued Backlash For Selling Memecoin

Crypto Influencer Faces Continued Backlash For Selling Memecoin

Crypto Influencer Faces Continued Backlash For Selling Memecoin
  • ZackXBT tweets 17-part thread about Ben Armstrong aka BitBoy Crypto’s prior involvement in rip-off schemes.
  • BitBoy Crypto continues to advertise BEN Coin, calling it greater than only a memecoin.
  • Feedback from the crypto neighborhood vary from calling BitBoy Crypto a “scammer” and a “advertising genius”.

The backlash continues in opposition to Crypto Influencer Ben “BitBoy Crypto” Armstrong and his new venture, BEN Coin. The venture was a meme token that Armstrong joined on Might 9, 2023. After that, he constantly promoted the coin on his social media accounts.

Essentially the most notable of this backlash comes from chain sleuth, ZackXBT. On Twitter, ZackXBT posted a 17-part thread detailing situations the place Armstrong allegedly promoted rip-off tasks. Moreover, ZackXBT has highlighted instances of alleged plagiarism and theft of paintings.

Related criticisms of Armstrong’s promotion of the BEN coin have been made by different crypto netizens. Some claimed they might by no means help the play; others implore the crypto neighborhood to not “fall into these traps”; whereas a lot of the neighborhood merely scoffed at Armstrong’s excessive declare that “In case you’re in opposition to $BEN, you are in opposition to crypto”. Interval.’

This current spike in evaluations is the results of Armstrong tweeting an replace relating to the path of BEN Coin. Based on Armstrong, BEN Coin won’t be a memecoin, however slightly a “crypto adoption software”.

Different crypto netizens, alternatively, expressed their help for Armstrong’s BEN Coin. His supporters say Armstrong is capitalizing on the “memecoin bullrun” and calling him a “advertising genius”. Armstrong quoted that tweet on Twitter, and his followers rallied behind his responses.

On Might 9, Armstrong introduced his official involvement with the BEN Coin staff. Armstrong asserted that the venture will work to deliver optimistic consideration and consciousness to help the use and adoption of crypto. Nevertheless, this announcement led to adverse remarks from Ripple CTO David Schwartz, and Crypto Influencer and former co-founder of Dogecoin, Billy Markus.


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