bitboy

U.S. District Judge Beth Bloom of the Southern District of Florida issued a $2.8 million default judgment against former crypto influencer Ben Armstrong (also known as "BitBoy") in a defamation case brought by investor Kevin O'Leary. The court ruled against Armstrong in six counts of defamation due to his failure to present a defense. The damages include approximately $78,000 for reputational harm, $750,000 for emotional distress, and $2 million in punitive damages.The case stems from a post Armstrong made on the X platform in March 2025, where he falsely claimed that O'Leary was involved in a fatal boating accident in 2019 and committed murder.

ChainCatcher news, well-known cryptocurrency KOL Ben Armstrong (BitBoy) was arrested by the police today after a confrontation with employees at a Popeyes restaurant. On-site videos show him agitated and confronting the staff, with the specific reason for the conflict yet to be disclosed by the police. As a KOL with millions of followers, this incident has sparked widespread discussion in the crypto community.

ChainCatcher news, according to The Block, NBA All-Star Jimmy Butler and cryptocurrency YouTuber Ben 'BitBoy' Armstrong have agreed to pay a total of $340,000 to settle a class-action lawsuit related to Binance, which still requires court approval.It is reported that the lawsuit accuses the two of illegally promoting unregistered securities and soliciting new customers for compensation paid by Binance, resulting in consumer losses. The lawsuit was filed in March 2023, alleging that they promoted cryptocurrencies such as BNB and BUSD as securities. The two deny any wrongdoing.

ChainCatcher news, according to The Block, the U.S. CFTC is investigating possible cryptocurrency fraud activities conducted by unknown individuals, which may involve 15 tokens including the memecoin BEN. The agency issued a subpoena to the cryptocurrency-focused media company Hit Network on July 16, which had previously hired Ben "BitBoy" Armstrong as a spokesperson. The subpoena requests information about the trading activities and digital wallets related to these 15 tokens, including the BEN memecoin associated with Armstrong. Armstrong had recommended the other 14 tokens in YouTube videos (mainly before the establishment of Hit Network), suggesting them as potential purchases.

ChainCatcher news, BitBoy Crypto stated on social media that its parent company BJ Investment Holdings has taken legal action to remove Ben Armstrong (founder of BitBoy Crypto) from the company, specifically from the BitBoy Crypto brand.The company stated that this decision was made after long efforts to help Armstrong overcome substance abuse and to reconcile the various damages caused to Hit Network and BitBoy Crypto community employees.

ChainCatcher news, according to Decrypt, crypto KOLs such as Ben Armstrong, founder of BitBoy Crypto, and YouTube blogger Gabriel Haines spontaneously went to the Bahamas to search for former FTX CEO Sam Bankman-Fried (SBF) after the collapse of FTX.It is reported that since last September, FTX has been headquartered in the Bahamas and operating from a luxurious penthouse apartment at the Albany Resort. Ben Armstrong posted a live video of himself walking around the resort but was ultimately denied entry by the staff. Meanwhile, Gabriel Haines is currently on his way to the Bahamas after crowdfunding $10,000 in the crypto community through Juicebox. Additionally, flying to the Bahamas to chase SBF has become a meme on crypto Twitter. (Decrypt)