Crypto Influencer Ben Armstrong Ends Bitboy Daily Livestream Under Legal and Financial Pressure

In an emotional video released to his personal YouTube channel, Ben Armstrong announced he would be discontinuing his daily cryptocurrency livestream series after maintaining the schedule for three consecutive years. The decision marks a dramatic shift for the once-prominent figure in crypto content creation, who revealed he could no longer sustain the financial burden of daily production while simultaneously managing mounting legal expenses.

Three Years of Daily Shows Come to an End

Armstrong disclosed that his daily streaming operation was consuming approximately $25,000 per week in production costs alone, rendering the format economically unfeasible. Beyond production expenses, he indicated monthly legal expenditures hovering around $100,000—a figure that illustrates the scope of litigation challenges he faces. In his announcement video, which accumulated roughly 18,000 views within its first day, Armstrong expressed the emotional toll of his situation: “We’re barely making it out here. We’ve got lawyers coming at me from every angle. Everyone I know is coming after me right now.”

The livestream had been a cornerstone of Armstrong’s content strategy, running consistently from Monday through Friday with minimal interruptions regardless of market conditions or personal circumstances. The decision to halt daily programming signals a fundamental restructuring of his content approach within the crypto influencer ecosystem.

Rising as Bitboy, Falling Under Controversy

Before the legal entanglements and financial strain, Ben Armstrong built a substantial following under the moniker “Bitboy,” establishing himself as a prominent voice in crypto trading communities from 2018 onward. His channel produced polished, professionally edited content focusing on price predictions and market analysis. Videos with titles emphasizing dramatic gains attracted tens of thousands of viewers, cultivating a dedicated audience seeking both investment guidance and entertainment value.

This accumulated influence and credibility led Armstrong to launch his own digital asset, $BEN coin, in mid-2023. However, the token’s launch was quickly followed by Armstrong’s removal from the Bitboy brand amid allegations of serious personal misconduct. The departure triggered a legal confrontation between Armstrong and the company controlling the Bitboy intellectual property, initiating a cascade of public complications.

The Cost of Legal Battles

The litigation surrounding the Bitboy brand separation coincided with revelations of personal complications that further damaged Armstrong’s reputation. These included reports of an extramarital affair involving a BEN Coin executive leadership figure and a subsequent arrest at the residence of a former business collaborator—notably, both developments occurred during a single livestream session, intensifying public scrutiny.

The cumulative effect of these incidents has resulted in what Armstrong characterizes as coordinated legal pressure from multiple parties. The $100,000 monthly legal budget reflects the scale of disputes he must navigate, ranging from contractual disagreements to personal matters that have become public spectacle.

Related Industry Developments

Beyond Armstrong’s individual situation, the cryptocurrency lending sector faces its own turbulence. Blockfills, a Chicago-based digital asset lending platform that processed over $60 billion in trading volume during 2025, experienced significant operational disruption. Co-founder Nicholas Hammer stepped down from his CEO position as the company encountered financial challenges, eventually freezing customer deposits and withdrawals in mid-February 2026. Sources indicate the firm is actively seeking acquisition opportunities to stabilize operations.

Armstrong’s exit from daily content production underscores broader challenges facing crypto influencers navigating between personal legal exposure, financial sustainability, and reputational management in an industry where public visibility often amplifies controversies.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)