Ben Armstrong’s Threat to Reveal Founder of SHIB Sparks Speculations of Sam Bankman Fried’s Involvement

03/16/2023 07:16 • Tech Trends • 97 views

On March 16th, Ben Armstrong, founder of YouTube and BitBoy Crypto, threatened to reveal the identity of the founder of SHIB this week. Some netizens suspected that it was Sam Bankman Fried, the founder of FTX. Ben Armstrong responded that Sam had been involved early after the relationship between the two co founders of SHIB broke down. One of the founders left and made his own chain. When the project started, the main founder worked with Sam.

The founder of BitBoy Crypto said he would disclose the identity of the founder of SHIB this week

Analysis based on this information:

Ben Armstrong, the founder of YouTube and BitBoy Crypto, created a buzz in the cryptocurrency space on March 16, 2021, when he threatened to reveal the identity of the founder of SHIB this week. SHIB is a new meme-inspired cryptocurrency that has gained massive popularity in recent weeks. In response to Armstrong’s claim, the cryptocurrency community began speculating about who the mysterious founder could be, with some pointing to Sam Bankman Fried, the founder of FTX, as a possible candidate.

Armstrong’s claim that Bankman Fried had been involved early, although not explicitly stating his role in the founding of SHIB, sparked more speculations. Armstrong further revealed that the involvement of Bankman Fried came after a breakdown in the relationship between the two co-founders of SHIB, which led one of them to leave and set up his own chain. At the start of the project, the main founder worked with Sam, Armstrong said.

The responses to Armstrong’s message have highlighted the controversy and intrigue surrounding the mystery of the SHIB founder. Some followers speculated that Bankman Fried wanted to distance himself from the project after the initial fallout between the co-founders. Others noted that his involvement could have been instrumental in SHIB’s success, given his reputation and experience in the cryptocurrency space.

The emergence of SHIB as a crypto sensation in recent weeks has fueled further interest in the project’s founder. In the midst of the growing popularity of meme-inspired coins like Dogecoin, SHIB has become one of the fastest-growing cryptocurrencies, gaining a massive following on platforms like Reddit and Twitter. However, with the sudden surge in demand for SHIB, investors are getting increasingly concerned about the legitimacy of the project and where their investments are going.

In conclusion, Armstrong’s message has significantly heightened the speculation surrounding the founder of SHIB, with Sam Bankman Fried mentioned as a likely candidate. The controversy surrounding the project’s founder has underscored the growing concerns among investors about the legitimacy and sustainability of meme-inspired cryptocurrencies.

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