'Bit Boy' claims 'mental crisis' amid legal and financial battles

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by Deirdre Bardolph

Everything has passed for him.

Ben Armstrong, once a famous crypto YouTuber known as “Bit Boy,” has since lost everything: his property, his valuable Lamborghini, his business, and his wife, who recently filed for divorce.

A former graphic designer and car wash owner who overcame a methamphetamine addiction shot to fame six years ago by sharing advice on digital currencies and advocating for investors.

His foolish acts appealed to the average Joe and those looking to get rich quick.

However, cryptocurrencies have plummeted over the past two years, and Mr. Armstrong (41), who once owned $40 million in cryptocurrencies, is currently facing charges including extortion, theft, sexual harassment, and workplace violence. The New York Times reported that.

The fall from grace began in August, when Mr. Armstrong was fired from his company, HIT Network, the paper said.

Mr. Armstrong is accused in a lawsuit of abusing steroids and throwing a bottle of protein shake at company staff, an allegation Mr. Armstrong denies.

“Ben has lost sight of who he once was,” Armstrong's former business partner TJ Shedd said in a statement to the Times. “He caused tremendous damage to both his professional and personal relationships.”

Shedd filed a lawsuit against Armstrong, accusing him of “unlawfully directing and misappropriating” $50,000 a month from his mistress, Cassandra Wolfe.

Armstrong's wife, Bethany, filed for divorce in October.

In January, the Atlanta influencer canceled her daily livestream show and told her followers: Lawyers are coming at me from every angle. ”

He has claimed in social media posts and videos that he is the victim of a “criminal conspiracy” by “terrorists” who took over his YouTube channel and declared “Bit Boy is dead.”

In another interview he said, “I'm going through a midlife crisis, a spiritual crisis.”