Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Recently I saw the news about Ben Armstrong and I admit it's a pretty interesting case to understand how the crypto space works. You probably know BitBoy Crypto if you've been following cryptocurrency content for a few years.
The guy really started strong. Back in 2018, when he launched his YouTube channel, BitBoy Crypto became a reference for many people wanting to understand Bitcoin and blockchain. He produced market analyses, project reviews, and wrote educational books. His influence was massive, with thousands of people following his recommendations.
But then things started to get strange. BitBoy Crypto began to be associated with promotions of dubious projects without proper transparency. The case of the DISTX token in 2020 was particularly serious – many investors lost a lot of money on that. His credibility started to plummet.
Things got even worse. In August 2023, Armstrong was removed from his own company, HIT Network. The company later rebranded the channel as Discover Crypto under new management, basically cutting all ties with him.
And now, in March 2025, the situation turned criminal. Armstrong was arrested in Florida for allegedly sending emails to Judge Kimberly Childs in Cobb County, Georgia. I mean, from crypto influencer to facing real legal problems.
BitBoy Crypto's story is kind of a warning to the entire market. It shows that hype doesn’t sustain anything. Influence without credibility falls quickly, and the consequences can be quite serious. In crypto, we see this a lot – people who exploit beginners’ lack of knowledge and then pay the price. It’s worth thinking about this next time someone promises easy gains.