Ben Armstrong, known under the pseudonym BitBoy Crypto, was for a long time a dominant voice in the cryptocurrency community. But recent developments shed new light on his turbulent career, marked by spectacular successes and even greater controversies.
The Arrest: March 2025 and Its Background
On March 21, 2025, Armstrong was arrested in Florida. The allegations are related to sending emails to Judge Kimberly Childs in Cobb County, Georgia. This incident marks a new low in an already problematic history. The arrest indicates serious legal consequences that Armstrong will have to face in the coming months.
A Career Full of Controversies: DISTX-Token and the Loss of Trust
BitBoy Crypto first made a name for himself when he founded his YouTube channel in 2018 and positioned himself as a crypto expert. He offered market analyses, project reviews, and educational content. His influence was significant – he had a huge audience and even authored books on Bitcoin and blockchain.
However, the turning point came quickly. Armstrong was accused of evaluating and promoting paid projects without proper transparency. The biggest scandal involved the DISTX-Token in 2020, which led to massive losses for investors who followed Armstrong’s recommendations. This episode became synonymous with a lack of credibility in his portfolio.
The Company Downfall and Its Consequences
The problems also extended to his business ventures. In August 2023, Armstrong was removed from his own company, HIT Network. The company was later renamed Discover Crypto under new management – a symbolic break with his past.
The story of BitBoy Crypto is instructive for the entire cryptocurrency industry. It shows that short-term gains and influence through questionable practices are possible, but ultimately not sustainable. The arrest and the preceding scandals underscore a fundamental truth: in the crypto industry, credibility and ethical conduct are more important than hype and quick successes. For investors, this is a compelling call to critically evaluate influencers and their recommendations.
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BitBoy Crypto – From YouTube Dominance to Lawsuit
Ben Armstrong, known under the pseudonym BitBoy Crypto, was for a long time a dominant voice in the cryptocurrency community. But recent developments shed new light on his turbulent career, marked by spectacular successes and even greater controversies.
The Arrest: March 2025 and Its Background
On March 21, 2025, Armstrong was arrested in Florida. The allegations are related to sending emails to Judge Kimberly Childs in Cobb County, Georgia. This incident marks a new low in an already problematic history. The arrest indicates serious legal consequences that Armstrong will have to face in the coming months.
A Career Full of Controversies: DISTX-Token and the Loss of Trust
BitBoy Crypto first made a name for himself when he founded his YouTube channel in 2018 and positioned himself as a crypto expert. He offered market analyses, project reviews, and educational content. His influence was significant – he had a huge audience and even authored books on Bitcoin and blockchain.
However, the turning point came quickly. Armstrong was accused of evaluating and promoting paid projects without proper transparency. The biggest scandal involved the DISTX-Token in 2020, which led to massive losses for investors who followed Armstrong’s recommendations. This episode became synonymous with a lack of credibility in his portfolio.
The Company Downfall and Its Consequences
The problems also extended to his business ventures. In August 2023, Armstrong was removed from his own company, HIT Network. The company was later renamed Discover Crypto under new management – a symbolic break with his past.
The story of BitBoy Crypto is instructive for the entire cryptocurrency industry. It shows that short-term gains and influence through questionable practices are possible, but ultimately not sustainable. The arrest and the preceding scandals underscore a fundamental truth: in the crypto industry, credibility and ethical conduct are more important than hype and quick successes. For investors, this is a compelling call to critically evaluate influencers and their recommendations.