US CFTC Issues Subpoena to Former Employer of Crypto YouTuber 'BitBoy'

IconCryptoNewsTerminal Staff02 Aug, 2024

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US CFTC Issues Subpoena to Former Employer of Crypto YouTuber 'BitBoy'

US CFTC Issues Subpoena to Former Employer of Crypto YouTuber 'BitBoy' The US Commodity Futures Trading Commission (CFTC) has issued a subpoena to Hit Network, a cryptocurrency media company that was the former employer of popular cryptocurrency YouTuber Ben Armstrong, who runs the channel BitBoy Crypto, according to The Block. The CFTC is seeking information about activities related to 15 tokens, including the meme coin BEN, as part of an investigation into individuals and entities involved in cryptocurrency fraud and manipulation. There was no direct mention of Ben Armstrong in the subpoena, but Hit Network was credited by Armstrong as the company that gave him his start.

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