Bitboy Crypto
BitBoy Crypto sues fellow YouTuber Atozy for defamation over shilling claims
Two prominent YouTube content creators are set to lock horns in a legal battle over a cryptocurrency video allegedly promoting a project that ended up being a scam. Bitboy Crypto, a YouTube channel founded by Ben Armstrong, produces a variety of content focused on cryptocurrency news, projects and tokens and trading advice. The channel has been active since February 2018 and has over 1.4 million subscribers. The channel is known for its news pieces and trading-focused videos with headlines like Top 3 Coins To Outperform Ethereum! (Strong Short Term Play)typifying the type of content disseminated to viewers. While these videos purport to offer trading advice, the channel has a disclaimer clearly stating that Armstrong is not “a professional advisor in business areas involving finance, crypt...
BitBoy founder threatens class action lawsuit against Celsius
Just two weeks after appearing in an ask me anything (AMA) with Celsius founder Alex Mashinsky, crypto Youtuber Ben Armstrong has announced he intends to file a class action lawsuit against the lending platform and its chief executive. Armstrong made legal threats via Twitter on June 15, and has since provided more detail in multiple threads. His issue is centered on being unable to pay down loans with existing funds on the platform, and instead having to deposit new funds to pay the loans off: “[Our account rep] told us we had enough money in our account to pay off a loan. But we can’t use money in our account. We HAVE TO SEND CELSIUS MORE MONEY TO PAY IT OFF.” “Imagine an insolvent company that you can’t withdraw your money from ASKING YOU TO SEND THEM MORE MONEY,” he added. Armstrong st...
