Ben 'BitBoy' Armstrong
Summary
Ben Armstrong, known online as 'BitBoy,' is a U.S.-based cryptocurrency content creator who built one of the largest crypto YouTube channels in the world, accumulating millions of subscribers. He was removed from the BitBoy Crypto brand in August 2023, and since then has faced a compounding series of legal proceedings including arrests, a federal defamation judgment of $2.8 million, regulatory scrutiny from the CFTC, and civil litigation tied to undisclosed paid promotions. As of mid-2026, Armstrong faces felony charges in Georgia related to alleged threats directed at a state court judge, with trial proceedings reported to be advancing.
Connected Entities
1 entities- + 3 more
Timeline(13 events)
2023-03-17
Class-action lawsuit filed against Armstrong and eight other crypto influencers alleging undisclosed paid promotion of FTX, seeking approximately $1 billion in damages.
Decrypt2023-08-29
BJ Investment Holdings removes Armstrong from the BitBoy Crypto brand, citing alleged substance abuse. Armstrong disputes the characterization, calling it a 'coup.'
Decrypt2023-09-15
Armstrong voluntarily dismissed from the FTX influencer class-action lawsuit. No settlement terms or admission of liability reported.
DailyCoin2023-09-25
Armstrong arrested in Gwinnett County, Georgia, during a live-streamed YouTube broadcast on charges of loitering and prowling and simple assault by inducing fear. Released on bail.
Fortune2024-07-16
CFTC issues subpoena to Hit Network (Armstrong's former company) seeking records related to 15 tokens including $BEN, as part of a fraud investigation.
The Block2024-08-19
Armstrong and Jimmy Butler file settlement petition in Miami federal court agreeing to pay a combined $340,000 in the Binance promotion class-action lawsuit. Armstrong's share: $40,000. No admission of liability.
The Crypto Times2024-11-01
Class-action lawsuit filed against Armstrong by $BEN coin holders alleging fraudulent promotions and misrepresentation of potential returns.
CryptoNews2025-03-21
Armstrong posts on X acknowledging arrest warrants stemming from emails he sent to Cobb County Superior Court Judge Kimberly Childs.
CoinTelegraph2025-03-25
Armstrong arrested in Volusia County, Florida, on a Georgia fugitive warrant connected to alleged threatening communications directed at Judge Kimberly Childs. Held without bail per initial reporting. Faces two felony counts under Florida Statute 836.10.
Bitcoinist2025-06-27
Armstrong arrested in Cherokee County, Georgia, on six counts of harassing phone calls. Released the following day after posting bail.
Crypto Briefing2026-01-01
Armstrong attempts to vacate the default judgment in the O'Leary defamation case, citing incarceration and mental health conditions. Motion rejected by Judge Beth Bloom.
Bloomberg Law2026-02-13
U.S. District Judge Beth Bloom enters a $2.828 million default judgment against Armstrong in Kevin O'Leary's defamation lawsuit. Judgment includes $78,000 in reputational damages, $750,000 for emotional distress, and $2 million in punitive damages.
Bloomberg LawDecision Log
- #1publish⛓ pending8/20/2026, 5:07:51 PMhash: BnDeVDJUZAPYjeAcYkiSbTktR1ibatNKt1RFjNwkSQHx
17 of 20 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 8/20/2026, 5:07:41 PM
last updated: 8/20/2026, 8:08:34 PM
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