Part 1 Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 

Ben Armstrong, widely known online as “BitBoy,” is a U.S. crypto media personality who rose to prominence during the 2020–2021 bull market through the BitBoy Crypto brand. His content blended market commentary, token coverage, and influencer-style promotions. Armstrong’s profile in the crypto ecosystem has also been shaped by repeated controversies involving marketing practices, internal disputes, and legal issues, including arrests and ongoing litigation as of 2025.
Armstrong became one of the best-known retail-facing crypto commentators on YouTube and social media, using BitBoy Crypto and related shows to cover Bitcoin, altcoins, and industry narratives. As the influencer market matured and regulators increased scrutiny of token promotion, Armstrong’s business model and public conduct became frequent topics of debate across the sector.
Armstrong built an audience through high-frequency crypto content and a personality-driven format, including news recaps, opinion segments, and token-focused videos. Over time, BitBoy Crypto expanded beyond a single channel into a broader media operation that included additional shows and contributors.
The BitBoy Crypto brand operated as a crypto media outlet with strong distribution on YouTube and social platforms. CryptoSlate reported that Armstrong’s relationship with the company behind the brand deteriorated in 2023 amid public claims of internal conflict and leadership disputes. In late August 2023, CryptoSlate reported on Armstrong’s reported exit from Hit Network and related brands, followed by an official statement from the BitBoy account describing alleged “substance abuse” and harm to employees and the community.
Armstrong’s most notable recent developments have involved law enforcement and court proceedings. CryptoSlate reported that on September 26, 2023, Armstrong was arrested during a livestream outside a private residence after neighbors called police about confrontational behavior. The report noted that officers questioned him about a firearm in his vehicle, and Armstrong stated it was “on the back seat.”
In 2025, Armstrong’s legal issues expanded beyond the 2023 incident. Reporting in mid-2025 described an arrest in Georgia on harassment-related charges and noted that he had previously been jailed earlier in the year in connection with emails allegedly sent to a Georgia judge. In the same period, investor and television personality Kevin O’Leary filed a defamation lawsuit accusing Armstrong of spreading false claims and seeking damages. Public reporting indicated the case remained active in federal court in Florida through 2025.
Armstrong’s influence is best understood through the role of “crypto influencer media” in retail markets. At its peak, BitBoy Crypto content functioned as an onramp for new users, with exposure to narratives, tokens, and trading concepts. The same distribution model has been criticized across the industry because it can blur editorial commentary and paid promotion, and because audiences may treat influencer opinions as investment guidance.
Armstrong’s public profile has repeatedly intersected with allegations and disputes tied to token promotion, reputational conflicts, and personal conduct. For readers evaluating influencer-driven information sources, several risks are commonly highlighted in this category of crypto media:
All images, branding and wording is copyright of Ben Armstrong. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the person mentioned on this page.