The Rise & Fall Of A Crypto Mogul (Full Timeline)

Dive into the dynamic world of BitBoy, a top crypto influencer. From his explosive twitter growth to dramatic controversies, uncover the story behind his fame and the challenges that followed.

Who Is Bitboy Crypto?

Ben Armstrong, known popularly as BitBoy Crypto, is a prominent figure in the digital currency space, celebrated for his insightful YouTube videos and social media presence. Born on October 27, 1982, in the United States, Armstrong currently resides in Atlanta, Georgia. His educational background includes a bachelor’s degree in Ministry leadership from Toccoa Falls College, obtained in 2012. Moreover, he also attended Kennesaw State University​​.

Armstrong was married to Bethany Armstrong, and the couple are together for approximately 8-9 years. Their relationship evolved from friendship to romance, eventually to marriage. Although the exact date of their wedding is not public. Bethany is known to have a strong interest in reading books and novels, a hobby she often shares on her Instagram account.

BitBoy Crypto (Ben Armstrong) is currently undergoing a divorce, announced in October 2023. He disclosed an affair with Cassandra Wolfe, @DuchessOfDeFi on Twitter, who previously worked at BitBoy Crypto. Wolfe is now associated with the BEN Coin Collective, established by Armstrong post his BitBoy Crypto exit. Armstrong publicly acknowledged and expressed regret for the affair, apologizing to his family.

What Happened To BitBoy Crypto? A Cautionary Tale in the Crypto World

The crypto world, often hailed for its innovation and dynamic nature, is no stranger to dramatic twists and turns. The recent downfall of Ben Armstrong, popularly known as BitBoy Crypto, epitomizes such a dramatic shift.

This article delves into the complex series of events that led to Armstrong’s downfall, shedding light on the intricacies of the crypto content creation space and the personal struggles that often go unnoticed behind the scenes.

Early Beginnings and a Partnership Forged

The story of BitBoy Crypto began with promise and potential. Ben Armstrong and TJ Shedd, who would later become the CEO of BitBoy Crypto, crossed paths in 2018. They found common ground in their passion for crypto content creation and shared aspirations in the then-nascent field. A bond over shared interests, including being fans of the Atlanta Falcons, cemented their relationship. This led to a partnership that would soon make waves in the crypto world.

By 2020, Armstrong’s BitBoy Crypto had gained significant traction, thanks in part to Shedd’s involvement. Together, they transformed what was initially just a YouTube channel into a burgeoning business. The bull run of 2021 marked a high point for BitBoy Crypto. The channel’s subscriber count skyrocketed and its influence in the crypto space peaked during this time.

Despite the success, trouble was brewing beneath the surface. Allegations of substance abuse, misappropriation of funds, and employee mistreatment began to emerge. Armstrong’s behavior reportedly became erratic, marked by instances of aggression and questionable decision-making. This behavior was in part, due to substance abuse, including steroids and other drugs. These were said to exacerbate his anger issues and lead to ‘roid rage.’

The Legal and Emotional Fallout

The situation reached a tipping point when BJ Investment Holdings, the parent company of Hit Network, legally ousted Armstrong from the company. The decision was driven by a combination of Armstrong’s alleged substance abuse, financial mismanagement, and deteriorating behavior towards employees and partners. This move sparked a wave of controversy and public speculation, with Armstrong and his associates exchanging accusations and legal threats.

The rift between Armstrong and Shedd grew deeper, with Armstrong accusing Shedd of betrayal and Shedd lamenting the loss of what he once considered a brotherly relationship. The legal battles and public fallout painted a picture of a partnership that had once been built on mutual respect and ambition, now shattered by personal demons and professional disagreements.

A significant blow to BitBoy’s image as a family man came with the revelation of an affair. This personal scandal, while receiving a mixed response from the public, underscored the intense scrutiny faced by public figures in the digital age.

Bitboy Crypto In 2023: Ben Armstrong’s Final Falloff

Financial Speculations and the Future

The financial aspect of BitBoy’s career remains shrouded in speculation. Rumors of poor investments and company financial mismanagement added another layer to the already complex narrative. The future of BitBoy, both as a brand and as an individual influencer, remains uncertain in the volatile world of cryptocurrency.

Bitboy’s Current Net Worth

BitBoy Crypto has a net worth ranging between $20 million to $30 million as of 2023. This substantial wealth accumulation is attributed to his successful career as a cryptocurrency influencer and early investments in the cryptocurrency sphere. Various sources provide slightly different estimates, but are roughly around the above range.

This reflects his influence and earnings in the dynamic world of cryptocurrency. His financial journey in the crypto space, coupled with his content creation and strategic collaborations, has led to this significant accumulation of wealth.

How much money did Bitboy Crypto really lose? Well, it’s hard to say, but earlier this year, he is said to have lost over $700,000 in a crypto hack.

Conclusion

In conclusion, the rise and fall of BitBoy Crypto reflect both the potential and pitfalls of the crypto world. As the community moves forward, it’s crucial to remember the lessons learned from this saga. This ensures a more sustainable and responsible future for crypto content creation.

The story of BitBoy is a testament to the rapid and often unpredictable nature of fame in the digital age. Especially in the volatile world of cryptocurrency. His journey from a modest influencer to a controversial figure encapsulates the highs and lows of internet fame.

As the crypto community continues to evolve, the tale of BitBoy serves as a reminder of the delicate balance between influence, responsibility, and the ever-watchful eye of both the public and regulatory bodies. What do you think about BitBoy’s journey and the controversies surrounding him? Share your thoughts in the comments below.