Ben Armstrong, a well-known crypto influencer whose rapid rise as a blogger "Bitboy" was cut short due to corporate and personal scandals, has announced the discontinuation of his daily live streams in three years.

In an emotional video posted on his own YouTube channel, Armstrong announced that his daily shows, where he discussed cryptocurrency trends, are no longer financially sustainable and require weekly expenses of $25,000 for production. He also clarified that his legal expenses amount to "approximately $100,000 per month.

Armstrong, better known as "Bitboy," has been an energetic and fast-talking crypto personality since 2018, creating accurate price predictions and news videos with titles like "Achieve the IMPOSSIBLE with SUPER CYCLE Bitcoin," gathering tens of thousands of views.

His content was popular among crypto traders who followed his channel both for advice and entertainment. In mid-2023, Armstrong created his own cryptocurrency called $BEN coin.

However, shortly after the launch of this cryptocurrency, he was expelled from the BitBoy community due to "serious and personal allegations," as reported by Decrypt. Subsequently, Armstrong sued the company owning the brand.

This marked the beginning of a series of events, including the revelation of Armstrong's affair with the CEO of BEN Coin and his arrest at the former business partner's house - both of these events happened in the same live broadcast.