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The arrest follows a series of controversies surrounding Armstrong. In late August, Hit Network, the entity overseeing the “BitBoy Crypto” brand, severed ties with Armstrong due to concerns related to substance abuse and financial issues affecting employees. Crypto influencer Ben Armstrong, known as BitBoy Crypto, found himself in handcuffs on Monday
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Armstrong has had an apparent fallout with his former business partners, several tweets suggest. Original Source
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JPEX attributed its liquidity difficulties to regulatory constraints and external market makers, leading to increased withdrawal fees and the suspension of specific services. According to various local media reports, Joseph Lam (Lin Zuo), a former lawyer and cryptocurrency influencer, has been arrested by Hong Kong authorities in connection with the JPEX
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A Hong Kong-based social media influencer has been reportedly arrested after investigations around the liquidity crisis of the crypto exchange JPEX traced back their involvement.Hong Kong police reportedly arrested crypto influencer Joseph Lam (Lin Zuo), who goes by the username ‘jolamchok’ on Instagram, for his association with JPEX, according to
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Sina Weibo, one of the most popular Chinese social media apps with over 258 million daily active users, has removed 80 influencer accounts promoting cryptocurrency activities citing official legislation.According to the Sept. 5 announcement, 80 crypto influencer accounts with over 8 million in total followers had been "proactively removed" by
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Update (Aug. 18 at 2:09 pm UTC): This article has been updated with both sides’ perspectives and additional information. Further commentaries are expected from both sides.Crypto influencer Evan Luthra has brought a lawsuit against crypto exchange Bitget for freezing his account after a new token listing in March. According to
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Worldcoin (WLD) has recently emerged as a subject of fervent discussion especially due to its biometric data collection through retina scans. Its
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Crypto influencer Evan Luthra has brought a lawsuit against crypto exchange Bitget for freezing his account after a new token listing in March. According to Luthra, the exchange suspended his withdrawals, and froze $200,000 in Tether (USDT), while attempts to seek clarification went unanswered. Luthra's involvement with the ReelStar project serves
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If they communicate financial promotions without approval of an authorized person, they are likely to be "communicating an illegal financial promotion," the FCA said. Influencers who fall within the scope of the FCA rules would need to make sure that their promotions are fair and not misleading. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency detective ZachXBT detailed alleged cryptocurrency fraud activities conducted by a popular YouTube personality, known as Blue or Jack, potentially amounting to over $1.5 million in stolen funds. Cryptocurrency investigator ZachXBT has published evidence alleging a YouTube
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