Coin Edition -
- Ben Armstrong has announced that he is stopping his daily crypto YouTube show.
- The crypto influencer claimed that lawyers and almost everyone he knows are “coming after” him.
- Armstrong said the 3-year-long daily show would no longer continue due to financial constraints.
Ben Armstrong alias ‘Bitboy,’ a renowned crypto influencer, has announced a stop to his daily crypto YouTube show. Armstrong told viewers at the end of his video session on Wednesday, January 31, that the three-year-long daily show would no longer continue due to financial constraints.
In an emotional video, Armstrong explained that it costs him $25,000 weekly to produce his daily shows, and he spends about $100,000 monthly on legal bills. According to Armstrong, lawyers and almost everyone he knows are “coming after” him. Armstrong said:
“We’re barely making it out here, guys. We’ve got lawyers coming at me from every angle, everyone I know is coming after me right now.”
Armstrong is one of the prominent commentators in the crypto space, having published polished price predictions and analysis videos every day for several years. This attracted many followers to his personal YouTube channel, reaching over 91,000 subscribers, which eventually led to Armstrong creating his cryptocurrency called $BEN coin in mid-2023.
Owners of the Bitboy Crypto brand dismissed Armstrong shortly after he created the cryptocurrency, with the parent company making personal accusations against him. Last August, the Bitboy Crypto brand announced via X:
“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.”
The renowned influencer responded by filing a lawsuit against the company that owns the Bitboy Crypto brand. It resulted in a series of events that appeared to have escalated the disagreement, leading to him shutting down his show.
Armstrong followed up his video announcement with a post on X. He recollected his collective journey so far with his audience, telling them how he would miss them after the shutdown.
The post Ben Armstrong Ends Crypto Show Amid Cash Crunch and Legal Attacks appeared first on Coin Edition.