Michaela
Cassandra Wolfe, Director of Marketing and Strategic Partnerships at BitBoy Crypto, has reported that Ben Armstrong, the platform’s founder and well-known crypto influencer, is missing. Wolfe urged anyone with information on his whereabouts to come forward.
On February 11, Wolfe posted on X, stating that she had not seen Armstrong since he left his home the previous day. “Everyone is worried sick,” she wrote.
MYC ODD APP, a private investment and trading community platform, responded to Wolfe’s post by sharing a message Armstrong had posted prior to his disappearance. In his statement, Armstrong alleged that the crypto media company Hit Network had been responsible for “destroying his life” over the past 18 months. He further accused Hit Network CEO TJ Shedd of having “willfully” targeted him.
Ben Armstrong, widely recognized in the cryptocurrency community as “BitBoy,” further alleged that Shedd was responsible for the breakup between him and Wolfe. “I’m willing to lose Cassie, my lawyers, my kids, my audience, my channel, and my life before I’m going to die without people knowing what actually happened,” Armstrong wrote.
Wolfe responded to MYC ODD APP, confirming that Armstrong’s post had raised concerns and contributed to the growing alarm over his disappearance.
The Downfall: Legal Battles, Financial Losses, and Controversy
Armstrong’s disappearance comes amid growing controversy, legal troubles, and professional setbacks in recent months.
In addition to losing much of his wealth and his well-known Lamborghini, he has also seen the downfall of his business. His personal life has also been affected, as his wife filed for divorce in October 2024.
According to the New York Times, a lawsuit has been filed against the former graphic designer, alleging extortion, theft, sexual harassment, and incidents of workplace violence.
Armstrong’s troubles began in August 2023 when he was removed from his company. The lawsuit claims he engaged in steroid abuse and threw protein shake bottles at employees, accusations he has denied.
“Ben lost track of the person he used to be,” said Shedd, Armstrong’s former business partner, in a statement to the Times. “He caused enormous damage to both his professional and personal relationships.”
Shedd had taken legal action against Armstrong, accusing him of “unlawfully directing and diverting” up to $50,000 per month to Wolfe, whom the lawsuit identified as his mistress.
“We’re barely making it out here, guys. We’ve got lawyers coming at me from every angle,” Armstrong told his followers in January while canceling his daily livestream show.
Additionally, in a series of social media posts and videos, Ben Armstrong alleged that he was the target of a “criminal conspiracy” orchestrated by “terrorists” who had seized control of his YouTube channel and declared, “BitBoy is dead.”
The Aftermath
Following reports of the disappearance, Wolfe shared a Change.org petition calling for a criminal investigation into allegations of expulsion, theft, and extortion against HIT Network.
The petition urges authorities to launch an investigation into Armstrong’s removal from the company and the alleged misappropriation of his assets. It asserts that certain individuals engaged in a coordinated effort to blackmail and extort Armstrong, pressuring him to surrender his assets under the guise of settling internal conflicts.
Moreover, the petition alleges that coordinated smear campaigns were orchestrated to undermine Ben Armstrong and his supporters, while intimidation tactics were employed to discourage others from coming forward. It also claims that private information was used as leverage to silence individuals attempting to reveal alleged misconduct.
As of writing, there have been no reports on his whereabouts or his return.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
