Who is Ben Armstrong, aka BitBoy? Bio, Net Worth & Crypto’s Wild Ride

Ben Armstrong, better known as BitBoy Crypto, is a name that’s sparked cheers, jeers, and everything in between in the cryptocurrency world. If you’re new to crypto, he’s a larger-than-life figure—a YouTube influencer who rode Bitcoin’s boom to fame, flaunted Lamborghinis, and then crashed hard amid scandals and legal fights. From building a million-strong following with trading tips and coin hype to losing his empire in a messy 2023 fallout, Armstrong’s journey is a rollercoaster of ambition, controversy, and resilience. This guide breaks down who he is, how he made (and lost) his money, and what he’s up to in 2025—perfect for beginners curious about crypto’s wild side. No tech degree needed—just a front-row seat to a story that’s as human as it is digital.

From Georgia to Crypto Guru: The Early Days

Ben Armstrong was born on October 27, 1982, in Georgia, USA—likely Atlanta, where he’s long been based. Growing up, he wasn’t a tech prodigy or Wall Street whiz. His 20s were rocky—by his own admission, he battled drug addiction, a struggle that landed him in rehab. Faith pulled him out; he found purpose in Christianity and enrolled at Toccoa Falls College, a small Christian school in Georgia. There, he met Bethany, an admissions counselor who’d become his wife, and earned a Bachelor’s in Ministry Leadership in 2012. It was a far cry from the crypto king he’d later become.

Armstrong’s crypto spark hit in 2012. Running a ticket resale business, he used Bitcoin to buy software via BitInstant—dumping $5,000 USD into it. Then Mt. Gox, the big exchange back then, got hacked, and his stash vanished. Instead of quitting, he doubled down, hooked by Bitcoin’s 2013 surge. By 2016, he was trading and tinkering with YouTube videos—small stuff at first. In 2018, he partnered with Timothy “TJ” Shedd to launch the BitBoy Crypto channel, blending market tips with a brash, everyman vibe. It was perfect timing—the 2017 bull run was fading, but crypto fever was just heating up.

BitBoy’s Rise: Lambos and Livestreams

BitBoy Crypto took off like a rocket. By 2021, Armstrong’s channel had 1.5 million subscribers, fueled by daily livestreams, altcoin picks, and a persona that screamed “crypto everyman”—think loud shirts, big promises, and a silver Lamborghini Huracán Performante ($350,000 USD) he flaunted as proof of crypto’s riches. He co-founded HIT Network with Shedd, turning BitBoy into a media mini-empire with podcasts, a news site (BitBoyCrypto.com), and merch like $30 USD tees. His pitch? Crypto could make you rich—fast—and he was living it, claiming a $40 million USD portfolio at the 2021 peak.

He didn’t stop at YouTube. Armstrong charged $20,000 USD for podcast mentions and $40,000 USD for video reviews, per a leaked media kit, raking in cash from sponsorships and affiliate deals with platforms like CoinLedger. He hyped coins like DistX and BEN Coin—a meme token he took over in 2023—promising big gains. Fans, dubbed the “BitSquad,” ate it up, seeing him as a guide in crypto’s chaos. At his height, he snagged six Blockchain Influencer Awards in 2021, cementing his reign as a top voice—love him or hate him.

The Fall: Scandals, Lawsuits, and a Lost Lambo

Then it all unraveled. In August 2023, HIT Network ousted Armstrong, citing substance abuse (marijuana, alcohol, steroids), employee mistreatment, and financial damage—claims from ex-staff and Shedd, now CEO. Armstrong called it a “coup,” alleging blackmail and death threats, but the damage was done. His marriage to Bethany crumbled too—she filed for divorce in October 2023 after his affair with Cassandra “Cassie” Wolfe (aka Duchess of DeFi), BEN Coin’s COO, went public. The BitBoy channel rebranded to Discover Crypto, cutting him out entirely.

The chaos peaked in September 2023. Armstrong livestreamed a confrontation at ex-partner Carlos Diaz’s house over a disputed Lamborghini—cops arrested him for loitering and assault, finding a gun in his car. Released on $2,600 USD bail, he saw BEN Coin tank 30%. Lawsuits piled up: a $1 billion USD FTX class-action (later dismissed), a defamation spat with YouTuber Atozy over scam allegations, and battles with HIT Network over the car and his ousting. By February 2024, he axed his daily show, citing $100,000 USD monthly legal bills and a $25,000 USD weekly burn rate. Posts on X painted a man at rock bottom—losing followers, his Lambo sold off, and his empire in ashes.

Net Worth: From Millions to Maybe Less

So, what’s Ben Armstrong worth in 2025? It’s a guessing game—crypto’s volatile, and he’s cagey. At his 2021 peak, he bragged of $40 million USD—Bitcoin, altcoins, and HIT Network equity. Estimates then ranged from $5 million to $30 million USD, factoring YouTube cash ($40,000 USD monthly), sponsorships, and merch. Arkham Intelligence tracked his crypto wallet from $1.5 million USD in 2021 to $35,000 USD by 2024—a brutal drop. Add a $700,000 USD hack in 2023, legal costs, and divorce asset splits, and it’s grim.

Today, guesses hover between $100,000 and $10 million USD. CoinCodex pegs him at $100,000 USD in March 2025, citing his fall, while others say $5 million to $10 million USD if he held early Bitcoin or cashed out smartly. His new channel, BitBoy X, has 150,000 subscribers and 5,000–15,000 views per video—pennies compared to his old haul. No flashy cars or big reveals lately—he’s in survival mode, not flex mode.

2025 and Beyond: A Comeback or a Fade?

As of March 26, 2025, Armstrong’s clawing back. In March 2024, he regained the BitBoy brand after eight months of legal wrangling, even fighting a memecoin in Karate Combat—a quirky win fans on X cheered. His X posts (@BenArmstrongsX, 700,000 followers) hint at redemption—like a February 2025 thread about nearly jumping off a bridge but finding purpose in God. He’s pushing BitBoy X, hyping BEN Coin, and teasing new ventures, but it’s a shadow of his old clout—Discover Crypto’s 1.5 million subscribers dwarf his 150,000.

He’s still in Atlanta, navigating divorce fallout with Bethany and co-parenting three kids. No word on Cassie Wolfe lately—his personal life’s quieter. Critics call him a “shiller” for past pumps like PAMP (a flop), and some X users label him a cautionary tale of crypto excess. Yet loyalists see a phoenix rising—posts praise his grit. Whether he rebuilds or fades, his saga’s a live wire in crypto’s unpredictable grid.

Why BitBoy Matters to Crypto Newbies

For beginners, Armstrong’s a crash course in crypto’s highs and lows. His rise shows how a $5,000 USD Bitcoin bet can spiral into fame—his fall warns it can vanish faster. XRP, Ethereum, or EOS might catch your eye, but his story screams: research, don’t just follow hype. Try $10 USD on an exchange—see how it moves—but don’t bet the farm on a YouTuber’s word. BitBoy’s wild ride proves crypto’s not just tech; it’s people—flawed, loud, and chasing dreams you can touch too.

Frequently Asked Questions

Who is Ben Armstrong, aka BitBoy?

He’s a crypto influencer who built BitBoy Crypto into a 1.5 million-subscriber YouTube giant by 2021, hyping coins and trading tips—until scandals and a 2023 ousting tanked it.

What’s his net worth in 2025?

Estimates range from $100,000 to $10 million USD—down from a $40 million USD peak. It’s murky, tied to crypto losses, legal fees, and what’s left of his stash.

Why’d he lose BitBoy Crypto?

HIT Network fired him in 2023 over alleged drug use and staff harm. He fought back, claiming a coup, but lost the brand—regaining it in 2024 after lawsuits.

What’s BEN Coin?

A meme token he adopted in 2023, tied to his brand. It crashed 30% during his arrest drama—still floats around, but it’s no Bitcoin.

What’s he doing now?

Running BitBoy X (150,000 subs), pushing BEN Coin, and hinting at a comeback on X as of March 2025—smaller scale, big dreams.

Conclusion

Ben Armstrong, aka BitBoy, is crypto’s loudest cautionary tale—and maybe its scrappiest survivor. From a $40 million USD peak to a 2023 implosion of drugs, divorce, and a lost Lambo, he’s now clawing back with a $100,000–$10 million USD net worth in 2025. His BitBoy X reboot and X posts show a guy who won’t quit, even if his glory days are dim. For newbies, he’s a neon sign: crypto can lift you up or drop you hard. Grab $5 USD of any coin, test the waters—but keep your eyes open. Armstrong’s ride isn’t over; it’s just louder than most.