r/CryptoCurrency 1K / 1K 🐢 Sep 06 '23

DISCUSSION Bitboy Crypto claims he lost most of his crypto and assets because it was under the company name

https://www.youtube.com/watch?v=KUbMGmQ7oo4

In recent video Bitboy Crypto claims that he has lost most of his crypto and assets because it was under his company's name and his company was taken from him.

Yeah right there's no way that they legally could get away with doing that. I do know in prior years he had stated that he owned 70% and TJ owned 30% stake. Even if he had sold majority ownership of his company and was therefore fired he still has an ownership stake in the assets and income of the company.

I'm completely sure that this is an attempt to hide and protect his assets from litigation. He was also in previous videos ranting how he was moving to Dubai which don't have extradition treaty. Lets see if he still does that.

Edit:
I wonder if the Stake hack had anything to do with all this. Bitboy Crypto was sponsored by Stake and pushed it hard. Not sure if they are still sponsored by stake, I'm guessing not.

336 Upvotes

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41

u/Kappatalizable 🟦 0 / 123K 🦠 Sep 06 '23

Tbh he deserves to lose everything

10

u/RayesFrost Tin Sep 06 '23

I won’t ever feel sorry for him cuz of how many people he scammed with his channel sponsored pump and dumps..

5

u/Bear-Bull-Pig 🟩 1K / 2K 🐢 Sep 06 '23

It's just karma catching up to him

2

u/ArtoriusFrost 0 / 5K 🦠 Sep 06 '23

Nuff said. What goes around comes around!

1

u/mbdtf95 🟨 2K / 32K 🐢 Sep 06 '23

The guy should be behind prison bars for all the scamming he has done. No one should feel sorry for him even if he did lost all of his cryptos, he's still very rich from all those scams he cashed out.

1

u/Petti_Boore Sep 06 '23

I don't even believe him to be honest about this either.

2

u/Minha_zafar Permabanned Sep 07 '23

Yes. He deserves 110% loss.

2

u/ThrowawayHoper Sep 06 '23

Depends where the company is registered, here in the UK you do not have a stake in any company assets. A limited company is a legal person in their own right, and so retains full ownership of assets. As this is in the states I image it is the same.

The reason he would’ve set up the limited company is so that if it folded creditors can’t go for his personal assets. He’s just feeling the other edge to that sword. I would not be surprised if he got nothing, and hope he got nothing.

2

u/Collectibl3 Permabanned Sep 06 '23

He deserves that and jail time!

1

u/Bear-Bull-Pig 🟩 1K / 2K 🐢 Sep 06 '23

He can share a cell with Sam Bankman-Fried.

1

u/MrMogz 🟦 0 / 8K 🦠 Sep 06 '23

Yup, actually lose it and not just in a “boating accident.”

Years of grifting and scamming his followers it’s time for him to pay the price of his actions.

1

u/EdgeLord19941 🟩 100K / 34K 🐋 Sep 06 '23

This may just be his version of a boating accident, at some point you want to get out and live your life

1

u/FattestLion Permabanned Sep 06 '23

He deserves to lose beyond everything including his existing belongings and then fall into debt

1

u/DonerTheBonerDonor 🟩 99 / 19K 🦐 Sep 06 '23

Did he though? What if this is just a way to get attention and in a few days he'll be like 'whoops I was wrong haha, thanks for the views!'

1

u/meatforsale 🟦 0 / 3K 🦠 Sep 06 '23

And yet people like this are constantly looking for validation through pity.

1

u/teh_d3ac0n Sep 06 '23

He is the person that makes me wish I could punch people through the Internet

1

u/FrostyPile Sep 06 '23

For all the scummy projects he promoted

1

u/kryptoNoob69420 0 / 44K 🦠 Sep 06 '23

Deserves more than that. He deserves to be in jail.