Ben Armstrong abandons his daily livestream: the downside of a crypto star

Ben Armstrong, a controversial figure in the crypto universe, has ended his daily live show that had been the core of his activity for three consecutive years. This decision, announced in early 2024 on his YouTube channel, comes amid financial difficulties and significant legal disputes. In an emotionally charged speech, the influencer explained that maintaining these daily contents has become unsustainable, requiring about $25,000 each week just for production.

Ben Armstrong is facing mounting financial and legal troubles. He specified that he spends approximately $100,000 per month on legal fees, summarizing the situation as: “We’re struggling to get by. I’m being sued from all sides. Everyone I associated with is attacking me right now.”

From Bitboy to Controversy

For several years, Ben Armstrong built a reputation under the pseudonym “Bitboy” as a dynamic and provocative crypto commentator. Starting in 2018, he regularly produced videos analyzing market trends with catchy titles promising exceptional gains, garnering tens of thousands of views. His content found an receptive audience among traders seeking both entertainment and advice on cryptocurrency movements.

This success encouraged him to take a new step by launching his own digital currency, the $BEN coin, in mid-2023. However, shortly after the token’s launch, he was removed from the BitBoy project following what specialized media described as “serious and personal allegations.” This ousting marked the beginning of a series of complications.

The Twists of a Spectacular Fall

Separation from the BitBoy project did not end the difficulties. Armstrong filed a lawsuit against the company owning the brand, triggering a cascade of troubling events. Subsequent revelations exposed a personal relationship between Armstrong and the CEO of BEN Coin, while an arrest at a former business partner’s home occurred on the same day—both incidents happening during a live broadcast.

These dramatic sequences profoundly affected the trajectory of a figure who, just a few years earlier, embodied success in the cryptocurrency sector. The combination of legal troubles and financial pressures ultimately led Ben Armstrong to acknowledge the unsustainability of his business model based on daily content creation.

His departure from the daily programming schedule symbolizes a broader transformation within the crypto ecosystem, marked by instability and large-scale restructuring affecting many industry players.