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CFTC Probes Ben Armstrong For Meme Crypto Fraud, What’s Happening?

CoinGape LogoCoinGape12h ago

CFTC Probes Ben Armstrong For Meme Crypto Fraud, What’s Happening? - CoinGape

Quick Summary:

The CFTC (Commodity Futures Trading Commission) has recently probed into a meme crypto fraud involving the renowned crypto YouTuber Ben Armstrong, also known as BitBoy.

According to recent reports surfacing across the crypto horizon, the regulatory body issued a subpoena to Hit Network, a crypto media company that once had Armstrong as its public face.

The YouTuber has agreed to doing paid promotions of crypto scams, although he claims BEN was accidental.

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 08:09:08 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21904655

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 17 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "CFTC Probes Ben Armstrong For Meme Crypto Fraud, What’s Happening?" has 440 words across 39 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "CFTC Probes Ben Armstrong For Meme Crypto Fraud, What’s Happening?" was covered 12 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 17 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #21904655
  • URL: https://beamstart.com/news/cftc-probes-ben-armstrong-for-17226737429538

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