Ben Armstrong, also known as Bitboy, has made offensive remarks about HIT Network, a group of creators specializing in Web3 and cryptocurrency entertainment and education.
Ben noted what Hit Network had said about him via a tweet: The company cannot survive with Ben. However, Hit Network faces challenges after his departure. He revealed that Hit Network lost a $9 million contract and all its major sponsors. Also, Hit Network began laying off workers and reducing their salaries in exchange for their loyalty.
Additionally, he stated that the company is preparing to announce a complete business restructuring in an attempt to raise funds. While giving such details against Hit Network, Ben cited, “Yea it’s sad to watch a bunch of pathetic backbiting scum steal and destroy what I built.”
Ben Armstrong, also known as BitBoy, was the founder of Hit Network. However, he was removed from the company by the Hit Network CEO. Armstrong filed a lawsuit against them for what he alleges was the unlawful removal from the media company.
During an interview in September, TJ Shedd, the CEO of Hit Network, revealed that Hit Network is ready to offer a buyout deal to Ben.