From Viral Sensation to Legal Battles: Ben Armstrong Ends His Daily Crypto Livestream

The crypto influencer landscape has undergone a dramatic shift as Ben Armstrong, once a high-profile voice in digital asset trading communities, announced the shutdown of his daily livestream after maintaining it for three consecutive years. In a candid video shared on his personal YouTube channel, Armstrong revealed the unsustainable economics behind the operation, which had been hemorrhaging $25,000 every week in production costs alone. The deeper financial crisis, however, stems from mounting legal expenses—a burden he described as consuming roughly $100,000 monthly.

“We’re barely making it out here,” Armstrong stated in the emotional 10-minute address that accumulated 18,000 views by late Wednesday. “We’ve got lawyers coming at me from every angle. Everyone I know is coming after me right now.”

The Rise and Fall of Bitboy: A Three-Year Arc

Armstrong built his reputation as “Bitboy,” a distinctive crypto personality who emerged around 2018 with polished market analysis and price forecast videos. His content—featuring headlines like “Make IMPOSSIBLE Gains with Bitcoin SUPERCYCLE”—resonated strongly within certain trading communities, drawing tens of thousands of viewers who sought both investment guidance and entertainment value. The combination proved lucrative enough for Armstrong to expand beyond content creation into cryptocurrency itself.

The inflection point arrived in mid-2023 when Armstrong launched his own digital token, $BEN coin. What should have marked a career milestone instead triggered a cascade of challenges. Shortly after the token’s debut, he faced removal from the BitBoy brand citing “serious and personal allegations,” according to reporting from Decrypt. This prompted Armstrong to pursue legal action against the company controlling the BitBoy intellectual property, escalating tensions within his professional ecosystem.

When Scandals Collide: The Livestream Controversy

The subsequent months unfolded as a series of public relations crises. Court filings and community discussions revealed that Armstrong had been engaged in an affair with the CEO of BEN Coin—a revelation that became particularly surreal when disclosed simultaneously with his arrest at the residence of a former business partner during a livestreamed broadcast. These concurrent revelations demonstrated how interconnected personal, professional, and public dimensions had become within his digital-first existence.

The legal complexities mounted faster than financial reserves could sustain them. Beyond production costs and legal retainers, the reputational damage complicated his ability to monetize content through traditional streaming economics.

The End of a Daily Ritual

Armstrong’s departure from daily broadcasting marks a symbolic moment for the crypto influencer ecosystem. In his announcement, he reflected on the journey: “My daily crypto livestream has been my life. We had a good run. Three years. Every Monday through Friday without rare exception. Holidays. Birthdays. Market crashes. Bull market tops. Epic rants. I was there with you through it all.”

The shutdown represents not merely a career adjustment but a reckoning with the sustainability model for crypto personalities operating at the intersection of entertainment, financial advice, and unfiltered personal narrative. For other influencers and content creators navigating similar pressures, Armstrong’s decision underscores the hidden costs of maintaining high-visibility personas in volatile, legally contested spaces.

His case has become emblematic of broader industry challenges—where explosive growth can rapidly transform into existential turbulence, and where the personal often becomes perilously public in decentralized finance ecosystems.