What Really Happened to Bitboy Crypto: The End of a Daily Livestream Era

In early 2024, Ben Armstrong, the YouTube personality widely known as “Bitboy,” announced the cessation of his daily cryptocurrency livestream that had become a staple in the crypto community. The decision marked a significant turning point for one of the industry’s most recognizable content creators, but the reasons behind this abrupt shift reveal deeper financial and legal struggles.

The Financial Burden Behind the Scenes

Armstrong’s departure from daily broadcasting came after mounting production expenses rendered the operation unsustainable. In a candid video released on his YouTube channel, the content creator revealed the staggering costs required to maintain his show: he was “burning $25,000 a week” just to keep the production running. Beyond production expenses, Armstrong disclosed that his legal situation had become equally draining, with approximately “$100,000 a month” in legal fees accumulating from various lawsuits and disputes.

“We’re barely making it out here, guys. We’ve got lawyers coming at me from every angle,” Armstrong stated during the 10-minute video, which accumulated 18,000 views by Wednesday evening. The stark admission underscored how the financial reality of maintaining daily content had become incompatible with sustainable business operations.

Legal Battles and Multiple Lawsuits

The financial crisis was not merely about production costs. Armstrong faced a wave of legal challenges from multiple fronts, adding significant legal expense to his already stretched budget. “Everyone I know is coming after me right now,” he lamented, highlighting the scale of the disputes surrounding his brand and personal conduct.

His troubles intensified following controversies involving his personal cryptocurrency token, $BEN, which he had launched in mid-2023. The rollout of this venture was shadowed by serious personal accusations that led to infighting over the BitBoy Crypto brand itself. Earlier in September 2023, a confrontation involving an individual named Carlos Diaz—allegedly regarding Armstrong’s attempt to recover personal assets—escalated into a complex legal situation that eventually required police intervention. These compounding legal matters became the backdrop for his decision to step away from the daily grind.

From 2018 Rise to 2024 Downfall

Armstrong’s trajectory in the crypto space had been remarkable. His ascent began in 2018 when his engaging, glossy videos promoting cryptocurrency gained significant traction with audiences seeking both financial tips and entertainment. Videos with titles like “Make IMPOSSIBLE Gains with Bitcoin SUPERCYCLE” captivated viewers and built a dedicated following.

His popularity translated into mainstream influence within the crypto community, making him one of the most recognized faces in the industry. This status motivated him to launch his own cryptocurrency token, $BEN, in mid-2023—a move that was intended to capitalize on his brand recognition but instead opened the door to controversies that would ultimately undermine his position.

A Three-Year Commitment Ends

On X (formerly Twitter), Armstrong reflected on his commitment, stating: “My daily crypto livestream has been my life. We had a good run. 3 years. Every Monday through Friday without rare exception. Holidays. Birthdays. Market crashes. Bull market tops. Epic rants. I was there with you through it all. I’ll miss you guys.”

The message underscored the personal toll that maintaining daily content had taken. For three consecutive years, Armstrong had rarely missed a broadcast, building a reputation for unwavering dedication—a consistency that ultimately became unsustainable given the financial and legal pressures mounting against him.

Current Market Context

As of February 2026, Bitcoin (BTC) was trading at $78,890, up 3.76% over the preceding 24 hours, according to real-time market data. The crypto market’s continued evolution stands as a backdrop to Armstrong’s departure, marking the end of an era when one of the industry’s most vocal daily commentators stepped back from the spotlight.

Armstrong’s exit from daily streaming represents a broader cautionary tale about the sustainability of content creation in the volatile cryptocurrency space, where both financial viability and legal exposure can converge to force even prominent figures offline.