BitBoy Crypto’s Ben Armstrong Apologizes for Solana Claims, Cites Manipulation

  • Ben Armstrong, aka BitBoy Crypto, recently extended an apology to the Solana community after previously making misleading comments.
  • Armstrong attributes his prior statements to manipulation by former colleagues, alleging that they aimed to tarnish his reputation within the crypto space.
  • Crypto investigator ZachXBT has questioned the validity of Armstrong’s accusations, challenging him to present concrete evidence through on-chain analysis.

Ben Armstrong apologizes to the Solana community, revealing manipulation by ex-colleagues to discredit him.

Armstrong’s Apology to the Solana Community

Ben Armstrong, better known as BitBoy Crypto, expressed regret over his past statements about the Solana blockchain. He admitted that he made the statements based on misinformation he received, which he now acknowledges were inaccurate and deceptive. His apology comes as a gesture of reconciliation with the Solana community, hoping that transparency about the circumstances will foster understanding.

Events Leading to the Misleading Comments

Armstrong recounted the situation that led to his controversial comments, revealing that he was on his way to confront Sam Bankman-Fried in The Bahamas when he got a call from CryptoWendyO. According to Armstrong, WendyO relayed unverified information about Solana’s alleged money laundering activities, which he found implausible but repeated publicly under peer pressure.

Allegations of Manipulation by Colleagues

In light of the controversy, Armstrong has pointed fingers at TJ Shedd and Justin Williams, former colleagues at Hit Network. Armstrong claims they orchestrated a smear campaign to erode trust in him, leveraging his lack of technical knowledge to further their agenda. This internal sabotage, according to Armstrong, was a calculated effort to undermine his credibility and influence within the crypto community.

On-Chain Evidence and Industry Backlash

Crypto investigator ZachXBT, known for his rigorous on-chain analysis, has openly challenged Armstrong to substantiate his claims. ZachXBT denied any involvement with Armstrong’s former partners and questioned the credibility of Armstrong’s allegations. He emphasized the need for concrete, on-chain evidence to validate such serious accusations.

Repercussions and Further Investigations

Following Armstrong’s controversial tweet about Solana, he faced severe backlash from the community, which took a toll on his reputation. Additionally, Armstrong claimed that his involvement in the Atozy lawsuit was another ploy by his detractors to keep him occupied and away from uncovering the truth about their activities.

Continuous Denial from Crypto Influencers

Despite the ongoing dispute, ZachXBT and others have continued to refute Armstrong’s claims. ZachXBT reiterated his longstanding warnings about Armstrong’s projects, maintaining that he has always acted in the community’s best interest by flagging issues associated with BitBoy Crypto.

Conclusion

In summary, Ben Armstrong’s apology to the Solana community underscores the complex dynamics and potential manipulations within the crypto industry. While Armstrong’s allegations are serious, the demand for concrete evidence by industry peers highlights the importance of accountability and transparency in maintaining credibility. Readers are advised to stay informed through credible sources as the situation continues to unfold.

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