The price of the $BEN coin has fallen by more than 20% since the arrest of Ben Armstrong, on September 25, 2023. Armstrong, who was also known as BitBoy Crypto, is a popular cryptocurrency YouTuber and influencer.
Ben recently had a fallout with his Bitboy team and was removed from the brand publicly. He was very unhappy with this and has been saying this events as a conspiracy.
Today ben was arrested by Gwinnett County, Georgia, Sheriff’s Office, after he went to Carlos Diaz house where ben alleges his lambourgini was parked. He was arrested during a live stream.
His arrest has resulted a crash in the $ben token. As he was arrested during the live stream, the news spread very quickly and traders started to sell the token. In just 1hr price was down 20%.
The price has not moved up, and volume is still increasing, indicating that people have lost trust in the ben token. The price of $Ben is expected to go further down unless he is released soon.