Ben Armstrong, better known online as BitBoy Crypto, built his reputation as one of YouTube’s most recognizable crypto commentators. He launched his channel in 2018 and quickly gained traction with short, direct videos that promised to make sense of a confusing industry. For many first-time investors, his daily updates and bold takes felt like a guide through the chaos.
By 2022, Armstrong’s channel had turned into a full operation; podcasts, sponsorships, and even token deals under his brand. He had built more than just a YouTube following; he had created a business empire around his personality. Yet, as his audience grew, so did questions about the projects he chose to promote.
Criticism followed fast. Armstrong was accused of spotlighting risky tokens that later collapsed, leaving viewers out of pocket. In time, what had been seen as straight talk for beginners began to look more like marketing. By then, the image of BitBoy as a community guide was already shifting.
The Rise of BitBoy Crypto
When Armstrong first entered the crypto scene, it wasn’t as a YouTuber but as an early investor, buying Bitcoin back in 2012, long before most people had even heard of it. By the time he launched his BitBoy Crypto channel in 2018, the market was still niche and full of complexity. His videos stood out because they skipped jargon and explained ideas in plain language. That approach resonated strongly during the 2020–2021 bull run, when millions of newcomers were diving into crypto for the first time. His promise was simple: make crypto understandable for everyone.
The more he posted, the more trust he built. Armstrong wasn’t just talking about Bitcoin; he was breaking down new projects, walking viewers through charts, and presenting himself as the everyday investor’s voice. At the time, this felt refreshing in a space dominated by technical traders and insiders.
By 2022, BitBoy wasn’t just a YouTube personality anymore. He had sponsors, live shows, and a team behind him. At his peak, Armstrong was one of the loudest voices in crypto media and proof of how powerful influencer culture had become in the digital asset boom.
Controversies and Legal Battles
With influence came exposure. Armstrong’s endorsements of speculative tokens such as SafeMoon and HEX backfired badly when those projects lost value. Critics accused him of cashing in on paid promotions while viewers carried the risk.
The backlash spilled into courtrooms. A $1 billion class-action lawsuit named Armstrong and several other influencers, accusing them of promoting unregistered securities. He also clashed with YouTuber Atozy, who accused him of misleading viewers. What started as online drama escalated into legal filings, before Armstrong eventually pulled back.
His personal life also made headlines. Armstrong admitted to an affair with a former team member, straining his reputation further. And in 2021, YouTube briefly suspended his channel, only to restore it a day later. Each controversy chipped away at the trust he had once built with viewers.
A Public Fall From Grace
By 2023, Armstrong’s position had grown increasingly fragile. Legal fees were spiraling, more than $100,000 every month, by his own account. In a move that shocked many of his fans, he even asked his audience to lend him money to help cover costs. For someone who had once projected wealth and success, the appeal looked desperate.
In 2025, matters worsened with two arrests. First in Florida, where he was accused of sending harassing emails to a judge, then in Georgia, where he faced multiple charges of harassing phone calls. Though he posted bond, the headlines marked a stark turning point: BitBoy was no longer seen as a crypto guide but as a troubled public figure.
Meanwhile, lawsuits continued to pile up, including a defamation case brought by Kevin O’Leary. What had started as one of crypto’s biggest influencer success stories was now widely viewed as a cautionary tale, a reminder of how quickly fame and fortune in the crypto world can collapse.