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BitBoy Crypto (Ben Armstrong) lawsuit alleges he owns 67% of company and was therefore stolen from him, along with his crypto and other assets which were under the company name

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by COINS NEWS 94 Views

https://www.youtube.com/watch?v=nFzXIbvxUKU

So according to court filings, Bitboy Crypto, Ben Armstrong actually does own majority share of the company.

Ben, TJ, and BJ Investment holdings each hold 1/3 of Bitboy Crypto.

Here's the wrinkle, Ben Armstrong's corporate entity, Better Than TJ LLC which is 100% owned by himself, owns 67% of BJ Investment Holdings allegedly.

If this is true I am confused how he can be fired, forced out of the company, and his assets under company name like crypto, car, other assets could be seized.

As a reminder, Ben Armstrong has been accused of embezzling of company assets and diverting company assets, stake.com sponsorship ($1 million a month) of up to $50,000 a month to his mistress who he is paying as a independent contractor, Cassie Wolfe. I believe Ben's counter was that this was her (his mistress') agreed upon sales commission for securing the stake sponsorship.

He was also accused of using company assets as collateral for personal loans, verbally and physically assaulting and inappropriate groping (sexual assault?) of company employees. Also accusation of drug addiction relapse, to which he countered that he has only taken steroids and diet pills.

submitted by /u/NefariousNaz
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