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Bitboy Crypto Collapse Deepens as New Legal Issues Hit Ben

Bitboy Crypto Collapse Deepens as New Legal Issues Hit Ben

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BitBoy Crypto had over $40M and blew it. I despatched him a few of a shitcoin I purchased not too long ago that can ostensibly 1000x to bail him out when it moons. Will it work?

No. However anywho, Ben Armstrong, generally known as “BitBoy,” was a distinguished, albeit considerably notorious, crypto influencer who skilled a major downfall as a consequence of a collection of authorized, skilled, and private points.

For many who didn’t watch his downfall dwell, right here’s a abstract of what occurred:

Arrests: Florida officers hauled him in first, accusing him of firing off threatening emails to intimidate a decide. Three months later, Georgia deputies picked him up once more on six counts tied to harassing telephone calls towards one other sufferer.
Defamation Lawsuit: Shark Tank’s Kevin O’Leary dragged him into federal court docket after Armstrong labelled him a “real-life assassin.” The case is ongoing within the US District Courtroom for the Southern District of Florida.
CFTC Subpoena: In mid-2023, the Commodity Futures Buying and selling Fee (CFTC)  subpoenaed his outdated HIT Community over alleged token-promotion fraud linked to BEN and DistX.

Crypto YouTube and Twitter, after all, take into account this man the king of grifters, so what’s he as much as heading into 2026?

DISCOVER: 20+ Subsequent Crypto to Explode in 2025

What’s Subsequent For BitBoy Crypto in 2026?

(Supply: Polymarket)

BitBoy Crypto has entered the ultimate stage of a really public unravelling. Armstrong spent October and November 2025 battling intensifying authorized stress, monetary misery, and a dwindling on-line presence.

The most recent setback arrived in October, when court docket filings in Florida confirmed that Armstrong’s March 2025 felony case for allegedly threatening a federal decide is shifting towards trial. Prosecutors added new proof in November tying Armstrong’s emails to a sample of harassment that continued even after his earlier arrest in Cherokee County, Georgia.

“The defendant demonstrated escalating threatening habits,” prosecutors wrote. Further monitoring has been really helpful,” investigators stated in a November replace.

On the identical time, Armstrong’s defamation battle with Kevin O’Leary entered a extra combative section. A November submitting from O’Leary’s authorized workforce argues that Armstrong’s public meltdown proves “malice and reckless disregard,” strengthening the Shark Tank host’s claims.

Financially, Armstrong is reportedly near bancrupt. Blockchain analysts famous that wallets beforehand linked to Armstrong have been practically drained since late October, whereas former collaborators on X declare he has been “promoting the whole lot not bolted down.”

Rattling. RIP, bro.

DISCOVER: Prime 20 Crypto to Purchase in 2025

What Can Be Realized From BitBoy’s Downfall?

Crypto Worry and Greed Chart

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Don’t put money into influencer crypto. Kidding. Effectively, partly.

A lot of Twitter and YouTube are having this response, framing his downfall as a cautionary story about influencer extra and crypto scams. And actually, who can blame them? The once-dominant BitBoy model has change into an emblem of the trade’s darker, extra chaotic aspect.

So say what you need about folks like Actual Imaginative and prescient Founder Raoul Pal, ETH founder Vitalik Buterin, and even Bitcoin Evangelist Michael Saylor, however the hate is intense. Folks worshipped SBF, BitBoy Crypto, and CZ Binance, who’re continuously teetering on the sting of scamming their followers. God forbid one man simply buys Bitcoin and holds it man. Watch out who you comply with people!

EXPLORE: Singapore Denies Do Kwon’s $14M Refund Demand For ‘Stolen’ Penthouse

Key Takeaways


Ben Armstrong, generally known as “BitBoy,” was a distinguished crypto influencer who skilled a major downfall, so what’s subsequent?


The once-dominant BitBoy model has change into an emblem of the trade’s darker, extra chaotic aspect.

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Isaiah Mccall

Isaiah Mccall

99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He began at USAToday in 2019 and now has a Medium weblog following of 30k+ and hundreds of thousands of views. Comply with him at @AfroReporter
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