BJ Investment Holdings announced the removal of controversial figure Ben Armstrong from the company and Bitboy Crypto brand.

BlockBeats reported on August 29th that BJ Investment Holdings, the parent company of Hit Network, announced the removal of controversial figure Ben Armstrong from the company and Bitboy Crypto brand. The company stated that "this difficult decision is the final result of our long-term efforts to help Ben overcome his drug abuse relapse and to make up for the emotional, physical, and financial damage he caused to Hit Network employees and the Bitboy Crypto community."