A cryptocurrency YouTuber who once claimed his company was worth $40 million during the crypto heights of 2021 has seen his empire collapse and his wife leave him.
Ben Armstrong, 41, who used the online name BitBoy, has since lost his production company, most of his friends and his wife have filed for divorce.
The downfall began in August when his friends and business partners drove him out of his company HIT Network.
He has since been accused of extortion, theft, sexual harassment and workplace violence, the New York Times reports.
After his wife learned of his affair with a four-time divorcee, she filed for divorce and hired a forensic accountant.
His wife Bethany Armstrong filed for divorce in October, just months after the couple posted a video saying they would work through the crisis together
Known for wearing a green Gucci suit and driving a Lamborghini, Armstrong lost the sports car during a bizarre deed signing with one of his former fans and an investor in his BEN cryptocurrency
“Ben has lost sight of the person he was,” TJ Shedd, his former business partner who was part of the impeachment and is suing him, said in a statement.
He has caused enormous damage to both his professional and personal relationships.”
Shedd filed a lawsuit against Armstrong for “unlawfully diverting and diverting” as much as $50,000 a month to Cassandra Wolfe, with whom he was having an affair.
The lawsuit opened the floodgates and Armstrong is now accused of steroid abuse, inappropriate violent behavior in the office, from sexual harassment to ‘throwing filled bottles of protein shake’ at staff.
Three male employees of HIT Network have also accused him of touching them sexually, according to police reports reviewed by The New York Times.
His wife Bethany Armstrong filed for divorce in October, just months after the couple posted a video saying they would work through the crisis together.
“I like her better than my wife,” he said of Wolfe.
“I don’t want to be too rude, but we have a very good relationship.”
Armstrong is accused of “unlawfully transferring and diverting” as much as $50,000 a month to Cassandra Wolfe, with whom he had an affair
Just last year, Armstrong signed a contract worth $1 million per month with the gambling company Stake
Wolfe herself was married and divorced four times before meeting Armstrong at a 2022 crypto conference where he was promoting his own cryptocurrency, BEN, named after himself.
Known for wearing a green Gucci suit and driving a Lamborghini, Armstrong lost the sports car during a bizarre deed signing with one of his former fans and an investor in his BEN cryptocurrency.
The transaction was the subject of a lawsuit, in which Armstrong claimed he had been extorted.
A judge ruled in favor of the new owner after Armstrong could not confirm whether the payment for the car was made with his personal money or a business account.
“The judge is corrupt, there will never be any profit for me,” he shouted before storming out of the courtroom.
Armstrong has claimed in recent social media posts that he was the victim of a “criminal conspiracy” and “terrorists” who took over his YouTube channel, which once had more than 1 million subscribers.
Just last year, Armstrong signed a $1 million per month contract with gambling company Stake, which allows users to bet crypto in casino games.
Now he says, “I’m going through a midlife crisis, a spiritual crisis.”