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Home CRYPTO

Ben Armstrong, Formally Bitboy, Ends Daily Stream After Legal and Financial Woes

by Drop Gorn
February 1, 2024
in CRYPTO, MEDIA
Reading Time: 2 mins read
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  • Ben Armstrong, known as “Bitboy,” gained fame in 2018 for his fast-talking crypto videos but later created a cryptocurrency that failed.
  • Armstrong faced scandals, lawsuits, and financial troubles, losing $25k a week on his show and spending $100k a month in legal fees.
  • After 3 drama-filled years, Armstrong ended his once-popular crypto livestream show, demonstrating the fickleness of internet fame.

Ben Armstrong, once known as the brash “Bitboy” crypto vlogger, announced he is ending his popular daily livestream show after 3 years due to financial struggles and legal issues.

A Sudden Rise to Crypto Fame

Armstrong first gained fame in 2018 for his fast-talking crypto prediction and news videos that garnered tens of thousands of views. His bombastic style attracted a devoted audience seeking trading advice and entertainment.

JUST IN: Ben Armstrong, formally Bitboy Crypto, is ending his daily livestreams after 3 years pic.twitter.com/gaxtPbrT5I

— BlockNews.com (@blocknewsdotcom) February 1, 2024

The Creation and Downfall of $BEN Coin

Riding high, Armstrong created his own cryptocurrency called $BEN coin in mid-2023. But shortly after, he was ousted from the BitBoy brand over “serious personal allegations.” This began a downward spiral into legal battles and scandal.

Scandals, Lawsuits and Financial Troubles

In an emotional video, Armstrong cited losing $25,000 a week producing the show and spending $100,000 a month in legal fees. “We’re barely making it out here. Everyone I know is coming after me,” he lamented. His troubles compounded after going through a messy public breakup and arrest.

The Curtain Falls

After 3 drama-filled years, Armstrong decided to pull the plug on his once-popular daily crypto livestream, a casualty of his own poor decisions. The fall of Bitboy demonstrates the fickleness of internet fame.

Tags: $BENBen ArmstrongBitBoy CryptocryptoCryptocurrencies
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