Ben Armstrong Net Worth, Crypto and NFT Investments

Ben Armstrong, also known as Bitboy, is a prominent yet extraordinarily controversial figure in the crypto sphere, best known as a fervent advocate of cryptos of various kinds and a hot-headed debater. As of 2025, Ben Armstrong’s net worth is estimated to be around $100,000. This is quite the downgrade from estimates from just a few years ago that put his net worth in the millions of dollars. This steep decline in wealth was likely mostly caused by the various legal battles he has been involved in since 2022.

The countless controversies surrounding Armstrong have dealt major blows to his reputation and social media following. Without his strong following, his income potential for sponsored content has likely declined significantly as well. It doesn’t seem like this will change anytime soon, as Armstrong was recently arrested over emails sent to the U.S. Judge who was presiding over lawsuits against him.

Ben Armstrong’s net worth is also extremely volatile, given the nature of digital assets. On any given day, his net worth could crash or skyrocket, depending on the whims of the crypto market.

Ben “Bitboy” Armstrong’s Net Worth

Ben Armstrong’s Early Life

Ben Armstrong, better known to the crypto community as “Bitboy Crypto,” was born on October 27, 1982, in the United States. Armstrong generally keeps personal information to himself, and he hasn’t discussed much about his early life. In 2009, he attended Toccoa Falls College, graduating with a degree in ministry leadership. He later attended Kennesaw State University.

Before he kickstarted his YouTube career, Ben Armstrong founded Front Page Tickets, a ticket reselling platform, in 2011. He learned about Bitcoin shortly after. During that period, he purchased about $10,000 as an initial investment in BTC. While his investment appreciated, he didn’t realize how high Bitcoin’s value would soar in later years.

Between 2015 and 2018, Armstrong served as the executive director of Three-Dimensional Life, a Christian residential ministry for troubled teens. He later founded High Throughput Production and HIT Network.

YouTube Channel Bitboy Crypto

After the cryptocurrency bull run of 2017, Armstrong decided that he wanted to become a crypto influencer, leading to the creation of the Bitboy Crypto YouTube channel in January 2018. Armstrong focused on cryptocurrency-related content, and he quickly gained a large following, making him one of the first successful crypto influencers. By 2021, Bitboy Crypto had reached a milestone of 5 million followers across YouTube, Instagram, Twitter, and TikTok.

His content included the latest crypto news, project reviews, trading advice, and discussions of market trends. Further, he often hosts his BitSquad community, which encourages members to access some related channels such as BitBoy Bits, Frankie Candles, HIT Network, Around The Blockchain, and Blockchain Basement.

Armstrong leveraged his huge following on the channel to generate ad revenue as well as large sponsorships. Countless crypto firms have collaborated with Bitboy over the years for sponsored videos and social media posts. Armstrong still earns a notable monthly income from YouTube, making him one of the most prominent crypto influencers on the platform.

One of the top crypto sleuths on X, ZachXBT, was able to get his hands on a flyer from Bitboy that detailed his sponsorship fees and demographics. If the flyer is genuine, he charged as much as $40,000 for a sponsored interview on YouTube and $20,000 for a mention in a livestream.

1/ Let’s review all the direct scams Bitboy has worked with in the past. Just in case you forgot here is the flyer with how much he charges.

I received this a while back by posing as a project interested in a promotion.
🧵 👇 pic.twitter.com/FkC9HUDGsc

— ZachXBT (@zachxbt) January 3, 2022

Bitboy’s many sponsored videos and posts have led to questions about the objectivity of the advice he gives to viewers. His reputation in the crypto world has suffered significantly after some of the projects he promoted/endorsed failed to hit the ground running (and quite a few were little more than scams).

ZachXBT compiled a list of seven alleged scam projects that were promoted by Bitboy in the thread below. He noted that Bitboy had deleted all of his videos or Tweets promoting the projects (except for one video, which he had just renamed).

3/ In Fall 2020 Bitboy worked with $MYX and even was warned by community members. Bitboy has since deleted the video. https://t.co/tGbyyjFiZ7 pic.twitter.com/NEs32Ygoeq

— ZachXBT (@zachxbt) January 3, 2022

On June 29, 2021, Armstrong’s YouTube was banned for a short period of time, whipping up a storm of controversies. Armstrong deemed it an unfair crackdown on crypto-related content, and YouTube eventually reinstated his account.

Bitcoin and Beards

Outside his active status on YouTube as an influencer, Armstrong is also a popular podcaster. He launched the Beards and Bitcoins podcast in 2018 alongside JChains. The duo met during a crypto conference in Chicago. The idea started as a joke, but it became a reality in just a few weeks.

On the show, the duo usually refer to themselves as “just two dudes with nice beards and a love for Bitcoin and the crypto community.” Ben Armstrong alongside his partner provided insights about Bitcoin. They invited top personalities in the crypto industry to speak about different topics and give advice about trending issues in the crypto landscape. The duo also engaged in project and coin reviews.

The Rise and Fall of Bitboy Crypto

At the height of the success of his YouTube channel, Armstrong launched a news website known as BitboyCrypto.com. The platform reported exclusive crypto stories, reviews on wallets and projects, price analysis, and price updates. The platform focused on educating crypto enthusiasts to guide them through their investments in the space. Through the site, Armstrong pushed for the advancement of cryptocurrency by attempting to educate consumers.

One of the companies featured on the Bitboy Crypto channels is CoinLedger, a firm that offers financial services such as tax compliance for people who own cryptocurrency. Recently, Armstrong also partnered with the massive crypto-betting platform known as Stake.com.

Aside from his heavy presence on YouTube, the Bitboy Crypto brand has amassed a large fanbase on other social media platforms. As of 2025, his X account had over 102,000 followers, and his YouTube page had over 147,000 subscribers. Armstrong uses his Twitter account the most to interact with his fans (and attack his various perceived enemies).

BitboyCrypto.com effectively ended when Armstrong was removed from the project in 2023 amid allegations of physical assault against other employees. Employees alleged that he attacked them by “groping, grabbing, punching, pulling, thrusting, tackling, placing hands on, bending over, [and] throwing filled bottles of protein shake at” them. The platform rebranded to Discover Crypto under new management, marking the end of the BitboyCrypto era.

Yesterday, BJ Investment Holdings, the parent company of Hit network, took decisive legal action in removing Ben Armstrong from the company, and specifically the Bitboy Crypto brand. https://t.co/e0kYLKUZ4r

— Discover Crypto Live (@DiscoCryptoLive) August 28, 2023

On September 25, 2023, Armstrong was arrested after a confrontation with his former business partner over his expulsion from Bitboy Crypto. The arrest took place late in the day, according to the Gwinnett County Sheriff’s Department in Lawrenceville, Georgia, and was recorded on livestream. Deputies arrested Armstrong for “loitering” and for “simple assault” by placing another in fear.

A live stream short video revealed that the crypto YouTuber traveled with a firearm in the back of his car when he drove to confront his former business partner. He was later released on bail.

Despite all of the controversies, Armstrong is still active on TikTok. On the platform, he has amassed 18,000 followers with more than 181,000 likes as of 2025. He discusses the latest trends, popular culture, and general knowledge about cryptocurrency investing. As of 2025, he has 28,900 followers on his Instagram page.

Ben Armstrong’s Books

In early 2023, Armstrong published “Catching Up to Crypto: Your Guide to Bitcoin and the New Digital Economy.” Target described the book as “a fun and authoritative guide to Bitcoin and the Future of Money.” In the book, Armstrong explores the basis of Bitcoin and virtual assets. He talks about how Bitcoin works and why it has attracted the attention of investors.

He discusses the history of Bitcoin and the challenges it has faced. Armstrong also explains the catalysts driving Bitcoin to global popularity. Furthermore, he talks about the shortcomings of fiats and how people can use virtual assets to hedge against them.

His second book, “Catching up to FTX,” was released in May 2024.

Ongoing Lawsuits against Ben Armstrong

Armstrong was among the notable celebrities who were named in a class action lawsuit for allegedly promoting FTX. The now defunct exchange paid many of the most famous people in the U.S. to promote their platform or token, FTT. This was problematic as FTT was deemed an unregistered security by the U.S. Securities and Exchange Commission (SEC).

Amid the ongoing legal battle, Armstrong allegedly conveyed demeaning (and potentially threatening) words to one of the plaintiffs’ lawyers, Adam Moskowitz. In some of his Twitter posts, he derided Moskowitz as “shorter than the average American male” and “an ambulance chasing douche bag.” Moskowitz also reported Bitboy to the FBI, claiming that he had sent him threatening messages.

Although Armstrong denied having any connection with FTX, lawyers pointed to multiple videos of Armstrong promoting FTT to his large number of followers. The cryptocurrency influencer was also alleged to have said everything Bankman-Fried “touches turns to gold.” Despite the evidence, the popular YouTube personality maintained his innocence, and he was eventually dismissed from the case.

Bitboy wasn’t as lucky with a similar lawsuit involving Binance, the world’s largest crypto exchange, founded by Changpeng Zhao. The class-action lawsuit alleged that Armstrong, the NBA superstar Jimmy Butler, and other figures promoted the sale of unregistered securities offered by Binance. Armstrong decided to settle the case by paying $40,000.

Armstrong is also embroiled in a major lawsuit with TJ Shedd and his father, executives at Hit Network, the media firm that Armstrong founded. In a request for an emergency injunction, Armstrong alleges that he owns 67% of the business and that he was illegally removed from it, but his request was denied.

The Shedds countersued, accusing Armstrong of physically assaulting employees and misusing company assets. For example, they claim that Armstrong took out a loan against an NFT held by the company and never paid it back, forfeiting the NFT, which was worth over $100,000 at the time.

It’s important to note that Armstrong has denied these allegations and claims that he is still the rightful majority owner of the firm. The lawsuits remain ongoing, and the results have yet to be seen.

Ben Armstrong’s Arrest

Ben Armstrong was arrested on March 25th, potentially related to his various ongoing legal disputes and emails sent to a U.S. judge. A few days prior to the arrest, Bitboy sent out a barrage of ominous tweets and allegations and confirmed that the arrest was related to emails he sent to U.S. Judge Kimberly Childs. For example, he said on X, “When the corrupt Judge runs from me you already know whats coming for her.”

Armstrong even claimed, “[Judge Kimberly Childs] is attempting to get me arrested so @CobbPoliceDept will do their job and under her direction, Epstein me,” insinuating that the judge was pushing for his arrest in order to have him murdered.

When the corrupt Judge runs from me you already know whats coming for her.

She is attempting to get me arrested so @CobbPoliceDept will do their job and under her direction, Epstein me.

It's real guys. Starting to see it yet?

Why would the Judge delete her Twitter unless…

— The BitBoy (@BenArmstrongsX) March 21, 2025

Bitboy also publicly threatened Ran Neuner from CNBC, saying that he would “knock him out cold” the next time he sees him. The strange Tweets didn’t end there, either. He claimed that Kevin O’Leary, known as “Mr. Wonderful” on Shark Tank, swatted him and implied that O’Leary might want to try to kill him.

Think about this: the court is literally trying to have me arrested for exposing their corruption.

Go look at the videos on my timeline of the cops searching for me.

Judge Kimberly Childs, Stacey Evans, Michael Lambros, George Koenig, Tiffany Watkins, Daniel Norris. All fukt

— The BitBoy (@BenArmstrongsX) March 21, 2025

Ben Armstrong: Cryptocurrency Influencer

Ben Armstrong has long been an active supporter of cryptocurrency, even though his critics say he has done more harm than good. Ever since his first exposure to cryptos in 2012, he has been committed to advancing education and adoption. Armstrong sees education as one of the most critical strategies for bringing more interest to the space.

Armstrong earned a reputation for himself as a respected expert and analyst in the industry before controversies hurt his standing. Today, he still has a relatively large following, though it seems to be dwindling, especially following his arrest.

$BEN Coin

Armstrong isn’t just a third-party advocate for crypto. He joined the team behind the meme coin $BEN and promoted it on his various social media channels. In his May 8, 2023 X post shown below, he announced the launch of the token and described its core features. The meme coin is supposed to be the governance token of Bitboy’s decentralized autonomous community, Ben DAO.

Guys $BEN is live. People all want to invest in themselves and now Bens can do that.

The facts:
– The coin has my name
– We have a Ben DAO on telegram
– Bens are better than Jeffs so we should easily take over JeffCoin as the number one name on the blockchain

— Discover Crypto Live (@DiscoCryptoLive) May 8, 2023

At first, his community thought that Armstrong developed $BEN himself. However, he later clarified that it was launched by a different person, an unknown personality identified as ben.eth on Twitter. According to a source, Armstrong said, “People think I launched the token. I had nothing to do with the creation. The creator, founder, & LP holder is ben.eth on Twitter. This coin was spurred out of a telegram group consisting of only people named Ben. There are several high profile Bens in there like Ben Goertzel, Ben Lakeoff, Ben Noble and other respected Bens in the space.”

He announced that he would be joining the team that developed the token. Since its launch, the price of $BEN has crashed, and it is now worthless. The token’s failure was yet another mark on Bitboy’s reputation.

Ben Armstrong’s Crypto and NFT Holdings

Armstrong has been investing in crypto since its early days. His first investment in crypto was in 2012 when he bought Bitcoin. At that time, BTC traded at around $13. Armstrong’s initial purchase of $10,000 in Bitcoin while he was still working on his ticketing platform would have been worth considerably more if he had held onto it.

However, he suffered a huge setback in his investment after the Mt. Gox crypto exchange was hacked. It lost over 850,000 Bitcoins, accounting for 7% of all Bitcoin in existence at that time. Armstrong stored his cryptocurrency on the exchange and lost it in the hack. However, Mt. Gox’s creditors are finally getting paid back, so he may be able to recover at least some of his first stack of Bitcoin.

As a strong proponent of crypto, Armstrong was undeterred by the loss. He continued to invest and holds several crypto assets in his personal portfolio. He regularly posts disclosure videos of his personal crypto portfolio on YouTube. Our check on the portfolio shows that the YouTuber’s crypto investment is currently dominated by Ethereum. He also holds other crypto assets like Ondo, Pepe, USDC, USDT, and Kleros.

At the moment, there are no indications that Ben Armstrong holds any NFTs in his personal portfolio.

Ben Armstrong’s Net Worth – Our Verdict

Armstrong’s accomplishments in the cryptocurrency space seem to be overshadowed by the consequences of his overall behavior over the years, which appears at best erratic and at worst criminal. His net worth seems to be comprised of slowly dwindling YouTube ad revenue coupled with various altcoins, from time-tested Ethereum to entirely worthless meme coins.

Armstrong’s troubling business practices make it difficult to determine whether the advice he offers his viewers and social media followers is genuine or motivated by profit. This further tarnishes an industry that has already gone through several high profile, trust-eroding scandals.

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