• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, June 17, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Altcoin

“Mystery of BitBoy Crypto’s $81.94 Million XRP Address: Read More”

by Ayush Singh
September 22, 2023
in Altcoin, Crypto, News, World
Reading Time: 2 mins read
0
XRP
TwitterWhatsappLinkedin

Ben Armstrong, widely recognized as ‘BitBoy Crypto,’ has recently found himself embroiled in a legal dispute with his former partners from HIT Network. The legal battle centers around the seizure of assets registered under their company’s name, assets that Armstrong contends rightfully belong to him.

You might also like

Strategy’s Bold Bitcoin Play: Acquires 10,100 BTC, Cementing Leadership with 592,100 Coins

Crypto’s Counterculture Clash: Coinbase Sponsorship of Trump’s Parade

Crypto Crown: How Digital Assets Overtook Real Estate in Fortune of Trump

In an effort to garner support from the crypto community, the former BitBoy Crypto employee has taken to sharing emotional videos detailing his situation. On September 21, in response to purported requests for a donation address from the XRP community, Armstrong disclosed a multi-millionaire XRP address, stating:

“Several individuals have inquired about an XRP donation address for my legal fund (…) XRP Address: ‘rJmXYcKCGJSayp4sAdp6Eo4CdSFtDVv7WG’ (…) Thanks for the support.”

— Ben Armstrong (@BenArmstrongsX)

In the wake of this announcement, thousands of dollars’ worth of XRP have already been sent to the provided Ben Armstrong address, with many of these payments originating from known centralized exchange accounts. Notably, the BitBoy Crypto address in question currently holds over 160 million XRP tokens.

Remarkably, this address, purportedly under Armstrong’s control, boasts a balance of 161.54 million XRP tokens, equivalent to $81.94 million. The first recorded transaction involving this address occurred on February 19, 2023, with an initial transfer of 10 XRP from a Crypto.com account.

An examination of the historic transaction data for the address over the last 30 days reveals a consistent daily flow of payments dating back to August 22. On September 5, there was a notable spike, with over 5 million XRP distributed across 181 payments.

Following the address’s disclosure on social media, the number of payments increased, albeit not significantly in terms of volume. This pattern suggests that the transactions primarily consist of smaller amounts, characteristic of donations. On September 21 alone, BitBoy’s XRP address recorded a total of 230 payments, accumulating to 315,360 XRP, equivalent to $160,800.

Crucially, at present, it remains impossible to ascertain whether these funds originate from Ben Armstrong’s personal holdings, contributions to his channel (formerly owned by his dissolved company), or an undisclosed source.

The question thus arises: Does this XRP address genuinely belong to BitBoy Crypto?

Intriguingly, GuinnessStache (@guinnessstache) has proposed that this address might be affiliated with a centralized exchange, potentially linked to a private account controlled by Ben Armstrong through the tag “3259094467.” In such a scenario, the $80 million in question would likely belong to the mentioned institution rather than Armstrong himself.

Tags: #Web3#XRPBitboy cryptobitcoinCrypto newscryptocurrencytrendingXRP address
Tweet54SendShare15
Previous Post

Adult Content Creators Embrace Web3 to Escape Payment Woes and Deplatforming Risks”

Next Post

FTX Sues Former Employees for $157.3 Million Amid Bankruptcy Proceedings

Ayush Singh

Recommended For You

Strategy’s Bold Bitcoin Play: Acquires 10,100 BTC, Cementing Leadership with 592,100 Coins

by Anindya Paul
June 16, 2025
0
Strategy

In a striking reaffirmation of its deep-seated bitcoin strategy, software intelligence firm MicroStrategy—now branded simply as Strategy—announced on June 16 that it had purchased an additional 10,100 BTC, bringing...

Read more

Crypto’s Counterculture Clash: Coinbase Sponsorship of Trump’s Parade

by Anindya Paul
June 16, 2025
0
Coinbase

In a move that has stirred controversy within the crypto community, Coinbase—the largest U.S.-based crypto exchange—joined prominent tech firms like Amazon, Palantir, and Lockheed Martin as a sponsor...

Read more

Crypto Crown: How Digital Assets Overtook Real Estate in Fortune of Trump

by Anindya Paul
June 16, 2025
0
Trump

For decades Donald Trump has accrued his wealth through real estate. In just a few years he has become a crypto billionaire. A recent financial review indicated that...

Read more
Next Post
Initial prosecution costs $20.3 million to Sam Bankman Fried's FTX

FTX Sues Former Employees for $157.3 Million Amid Bankruptcy Proceedings

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?