According to the online records of the Gwinnett County Sheriff’s Department, a person named “Benjamin Charles Armstrong” was indeed arrested, but no specific charge is currently officially listed.

The incident occurred while Armstrong was carrying a firearm in the back seat of his car. A live video published on the X platform shows that another person was with him. The conditions that triggered this event remain unclear, and many people are curious about the motivations and underlying tensions of this conflict.

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This incident had a significant impact on the BEN tokens introduced by the crypto phenomenon earlier this year. On Tuesday, the value of BEN tokens experienced a sharp 30% drop following the news of the arrest, causing a major shock in the cryptocurrency market.

This arrest came after Armstrong’s removal from the media company BitBoy Crypto, announced to the public in August. The decision to remove Armstrong from the company was unanimous and is probably related to the events of Monday.

While the situation continues to develop, the crypto community is closely following the charges, the conditions of the incident, and the future impacts on both Ben Armstrong and the cryptocurrency projects associated with him.

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