Ben Armstrong Ends Daily Crypto Show Amid Mounting Legal Costs and Financial Pressures

The rise and fall of Ben Armstrong, better known in cryptocurrency circles as “Bitboy,” has reached a critical juncture. In a candid video shared on his personal YouTube channel, the once-prominent crypto content creator announced he’s shutting down his daily livestream—a show that had been his main platform for three consecutive years. The decision comes as Armstrong faces what he describes as an overwhelming financial burden: approximately $100,000 monthly in legal fees, combined with weekly production costs of $25,000 that he says the show can no longer sustain.

“We’re barely making it out here, guys. We’ve got lawyers coming at me from every angle,” Armstrong stated in the emotional 10-minute video that quickly accumulated 18,000 views. “Everyone I know is coming after me right now.” His words painted a picture of a creator under siege from multiple fronts—legal challenges, financial strain, and the erosion of a once-thriving online career.

From YouTube Sensation to Crisis: Ben Armstrong’s Journey

Armstrong’s trajectory in the crypto space had been notable. Starting around 2018, he built a substantial following by producing polished videos analyzing price movements and market trends. His content featured attention-grabbing titles like “Make IMPOSSIBLE Gains with Bitcoin SUPERCYCLE,” and these videos regularly attracted tens of thousands of viewers. For a segment of the crypto trading community, Armstrong represented both entertainment and financial guidance, making him one of the more recognizable faces in the YouTube crypto ecosystem.

This popularity eventually led him to launch his own cryptocurrency token, $BEN coin, in mid-2023. For Armstrong, it seemed like a natural extension of his influence—another revenue stream and a way to deepen his involvement in the industry he covered daily.

The Unraveling: From Token Launch to Legal Battles

However, the $BEN coin venture quickly became a focal point of controversy. Shortly after the token’s launch, Armstrong was ousted from the BitBoy brand—the platform that had made him famous—following what sources described as “serious and personal allegations.” Rather than fade away quietly, Armstrong took legal action against the company behind the BitBoy brand.

What followed was a cascade of increasingly dramatic events that caught the crypto community’s attention. During a livestreamed session, it was revealed that Armstrong had been involved in an affair with the CEO of BEN Coin. That same livestream also captured his arrest at the home of a former business partner. These developments transformed Armstrong from a respected (if controversial) content creator into the subject of tabloid-style coverage across the crypto media landscape.

The Financial Reality: Why the Daily Show Can’t Continue

The legal battles have extracted a substantial toll on Armstrong’s finances. At approximately $100,000 per month dedicated to legal representation alone, combined with the $25,000 weekly cost to produce daily content, the economics of his operation have become untenable. The daily livestream format that once represented his core business model has become a financial liability rather than an asset.

For many YouTube and streaming-based creators in the crypto space, this story serves as a cautionary tale about the intersection of celebrity, cryptocurrency, and personal controversy. Armstrong’s decision to halt the daily show represents not just a content strategy change, but an admission that the legal and financial pressures have become incompatible with maintaining his previous level of output.

What Comes Next for Ben Armstrong

As of now, Armstrong continues to navigate his legal challenges without the daily platform that defined his career for the past three years. Whether he’ll attempt to return to content creation in a different format, focus entirely on resolving his legal matters, or pursue other ventures remains unclear. What is certain is that the dramatic chapter involving one of crypto’s more visible personalities marks another instance of how quickly fortunes can shift in the digital asset industry.