BitBoy Crypto founder Ben Armstrong arrested after livestreaming himself confronting former partner

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BitBoy Crypto founder Ben Armstrong arrested after livestreaming himself confronting former partner

Ben Armstrong, 27, was arrested Thursday after livestreaming himself attempting to confront a former partner, the crypto investor and consultant Carlos Diaz, at his home.

The influencer and crypto investor was released on bail yesterday after being charged with 'loitering/prowling' and'simple assault by placing another in fear', according to CoinDesk, which cites records from the Gwinnett County Sheriff's Department.

Armstrong paid a $2,600 bond and was released after eight hours in jail, according to X, formerly Twitter.

Armstrong was removed from BitBoy Crypto in August and has since tried and failed to reclaim the company from its owner, the HIT Network, through an emergency injunction. Earlier this month, he posted a video owned up to mistakes he made that led to his ouster and said he would collaborate with the HIT Network. He also revealed that he had an affair, which chipped away at his image as a family man.

The conflict boiled over into Monday's live stream posted to X, where Armstrong can be seen ranting about Diaz stealing his Lamborghini among other allegations.

Later, Armstrong is captured in the live stream being arrested by police, whom he calmly greeted with a sit going? They asked him repeatedly to stop walking toward them and drop his phone and fanny pack. When the officers asked who else was in his car, Armstrong said he wasn't armed, but that he had a weapon in his backseat of his car, and when the policemen asked who else was with him, he hesitated before replying that the woman he had an affair with, Cassie, was in his car.

Crypto Twitter responded to the incident, with some alleging that his actions were either a sign of crypto's rock bottom or the beginning of another bull run.