- 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.
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.
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.