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Ben Armstrong halts daily broadcasts after facing legal battles and financial hardship
Crypto influencer Ben Armstrong announced the end of his daily live streams, ending a three-year routine that kept him on screen Monday through Friday without exception. The decision comes amid increasing financial pressures, with legal expenses consuming approximately US$100,000 per month, while his programs generated losses of about US$25,000 weekly.
The end of an era: Ben Armstrong closes the curtains on daily streaming
In a ten-minute video posted on his personal YouTube channel in January 2024, Ben Armstrong admitted with an emotional voice that he could no longer keep up with the daily production pace. “We’re almost out of here, guys. Lawyers are coming after me from all sides,” he confided. The stream received over 18,000 views that same night, with followers reacting to the announcement of an indefinite break from the content that made him known.
That three-year content was the backbone of his career. In his broadcasts, Ben Armstrong covered cryptocurrency trends, published price predictions, and maintained a loyal audience that followed him for both information and entertainment.
The rise and fall of “Bitboy”: from visionary to problematic
Before legal troubles, “Bitboy” was the most aggressive and charismatic personality in the crypto niche. Starting in 2018, his videos with provocative titles like “Get IMPOSSIBLE Gains with Bitcoin’s SUPERCYCLE” attracted tens of thousands of viewers. His straightforward style and bold predictions gained him a dedicated segment of trading audiences, making him a sector reference.
His success led him to create his own cryptocurrency, the $BEN coin, in mid-2023. However, shortly after the token’s launch, Ben Armstrong was removed from the project due to “serious personal allegations,” according to Decrypt. What followed was a cascade of chaotic events, including the revelation of a romantic affair between Armstrong and the CEO of the BEN Coin project, as well as his detention at the residence of a former business partner—all happening on the same day as a live broadcast.
Legal dilemmas: court battles from all sides
Ben Armstrong’s legal situation became unsustainable. After leaving the “Bitboy” project, he filed lawsuits against the company owning the brand, initiating a series of legal conflicts that multiplied in the following months. Different parties took legal action against him, resulting in legal costs that proved impossible to sustain while trying to produce free content.
Monthly legal expenses nearly consumed all of Ben Armstrong’s remaining capital, making each week of production a financial waste.
The cost of content: numbers that don’t add up
Producing his quality daily streams cost Ben Armstrong about US$25,000 per week. Multiplied over the month, the losses exceeded any revenue he could generate. At the same time, legal expenses reached around US$100,000 monthly—a figure simply unsustainable for a content creator, even with a sizable audience.
The combination of rising production costs and escalating legal expenses left Ben Armstrong with no viable options. The decision to stop daily streams was, in practice, a matter of financial survival.
Parallel turbulence in the crypto market
It wasn’t just Ben Armstrong facing difficulties during this period. The entire cryptocurrency industry experienced a significant slowdown. Blockfills, a crypto lending platform based in Chicago, saw its co-founder Nicholas Hammer step down as CEO after negotiating over US$60 billion in transaction volume in 2025.
Internal sources indicated that clients were advised to withdraw their assets before the platform suspended deposits and withdrawals on February 11, suggesting widespread financial troubles in the sector.
Final reflection: the price of notoriety in a volatile market
Ben Armstrong’s journey illustrates the risks of building influence in a market as volatile as cryptocurrencies. While his daily streams made him a recognized figure, corporate and personal scandals, combined with unsustainable operational costs, turned what was his strength into an unbearable burden. Now, Ben Armstrong faces an uncertain future, needing to rebuild his image while dealing with legal pressures from multiple fronts.