Market Cap: $2.956T -0.040%
Volume(24h): $59.5824B -10.570%
  • Market Cap: $2.956T -0.040%
  • Volume(24h): $59.5824B -10.570%
  • Fear & Greed Index:
  • Market Cap: $2.956T -0.040%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$94386.437768 USD

-0.55%

ethereum
ethereum

$1813.161244 USD

0.52%

tether
tether

$1.000661 USD

0.01%

xrp
xrp

$2.179198 USD

-0.63%

bnb
bnb

$601.992121 USD

-0.16%

solana
solana

$147.277183 USD

-3.00%

usd-coin
usd-coin

$1.000069 USD

0.00%

dogecoin
dogecoin

$0.179805 USD

-3.96%

cardano
cardano

$0.705168 USD

-2.54%

tron
tron

$0.252008 USD

3.62%

sui
sui

$3.627511 USD

0.28%

chainlink
chainlink

$14.740205 USD

-2.70%

avalanche
avalanche

$22.275506 USD

-2.09%

stellar
stellar

$0.291279 USD

0.57%

toncoin
toncoin

$3.334772 USD

2.72%

Cryptocurrency News Articles

Bitboy Is Asking Fans For Donations

Apr 27, 2025 at 03:11 pm

A Georgia court refused Armstrong's plea for an emergency injunction against Hit Network CEO TJ Shedd and CFO Timothy Shedd Sr

A Georgia judge has denied Bitboy founder Ben Armstrong's request for an emergency injunction to return to the company following his removal, which he claims was unlawful.

Armstrong, who maintains a 67% interest in Hit Network, the parent corporation of Bitboy Crypto, was reportedly kicked off the company and had his access to the email domain and social media accounts blocked.

The Shedds, on the other hand, assert that Armstrong's actions, which included physically and sexually assaulting staff, left them with "no reasonable alternative" but to terminate his employment and notify the authorities.

The case, which is ongoing, has seen both sides accuse each other of wrongdoing. Armstrong, in particular, is accused of misusing corporate cash by taking out loans with NFTs owned by the company and moving funds without authorisation, according to Hit Network.

Armstrong, however, maintains that the NFTs were his personal property and that the loans and transfers were undertaken with the full knowledge of the employees. He also claims that Shedd Sr., as CFO, mismanaged funds.

The disputes arose after Armstrong was reportedly removed from Bitboy Crypto, leading to a loss of 20,000 subscribers on his YouTube channel and $1 million in revenue for the company.

As the legal battle continues, Armstrong said he filed a police report in response to threats he received, while Hit Network has hired security in response to the tensions.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 28, 2025