Crypto Influencer Ben Armstrong Calls It Quits: From Bitboy Fame to Daily Show Shutdown

The sudden halt of Ben Armstrong’s daily livestream marks another turning point in crypto’s boom-bust narrative. After three years of consistent content production, the once-rising personality announced he’s pulling the plug on his regular shows—a decision driven by mounting financial pressures and relentless legal conflicts. In a candid video shared on his personal YouTube channel, Armstrong laid bare the harsh economics of his operation and the toll of ongoing disputes.

The Price of Influence: Why Ben Armstrong’s Daily Streams Are No Longer Sustainable

The numbers tell a brutal story. Armstrong revealed that his daily livestreams—where he analyzed crypto trends and shared market predictions—were consuming $25,000 weekly just to produce. That scales to roughly $100,000 monthly in direct production costs alone. But the real drain comes from legal fees: Armstrong disclosed he’s currently spending approximately $100,000 per month on attorney bills as multiple lawsuits and disputes unfold simultaneously.

“We’re barely making it out here, guys,” Armstrong said in the ten-minute video that circulated widely among crypto traders. “We’ve got lawyers coming at me from every angle. Everyone I know is coming after me right now.” The math is simple—the revenue model that once sustained the operation no longer covers these escalating expenses.

From Viral Success to Legal Nightmare: The Unraveling of Bitboy’s Empire

Ben Armstrong’s trajectory illustrates how quickly fortunes shift in the crypto space. Starting in 2018, he built a substantial following as “Bitboy,” crafting polished videos with bold headlines like “Make IMPOSSIBLE Gains with Bitcoin SUPERCYCLE.” His content resonated with retail traders seeking both market analysis and entertainment, and the channel accumulated tens of thousands of viewers per drop.

This momentum led to an ambitious next step: launching his own cryptocurrency token, $BEN coin, in mid-2023. Yet shortly after the token launch, Armstrong was ousted from the Bitboy brand amid what was described as “serious and personal allegations.” The exit sparked a cascade of public disputes, including a lawsuit Armstrong filed against the company holding the Bitboy intellectual property rights. Complicating matters further were shocking revelations on a livestream—an affair with the CEO of the BEN Coin project and Armstrong’s arrest at the residence of a former business associate, both incidents occurring simultaneously in a chaotic on-camera moment.

What Comes Next for Ben Armstrong?

The decision to cease daily production represents a tactical retreat rather than a full exit from crypto commentary. Armstrong’s situation underscores the structural challenges facing independent crypto content creators: the operational costs of professional-grade production, the unpredictability of monetization through volatile audience bases, and the legal liabilities that can spiral when projects and personalities collide.

For the broader crypto influencer ecosystem, Ben Armstrong’s downfall serves as a cautionary tale. Viral success in this space often masks fragile business models and unforeseen complications. Whether Armstrong can stabilize his situation or rebuild remains an open question—but for now, the daily show is over.