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The crypto influencer Ben Armstrong, popularly known as BitBoy Crypto, is back in the public eye after an eight-hour stint in jail.
His mugshot has since gone viral on social media.
— db (@tier10k) September 26, 2023
The Arrest and Charges
Earlier, Armstrong was taken into custody by law enforcement on charges of "loitering/prowling" and "simple assault by placing another in fear," with bail set at $2,600.
Armstrong, who was recently removed from his own company, was en route to confront a former associate when he was apprehended by the police. The entire incident was broadcast live on YouTube.
Back on Social Media
After his release, Armstrong took to X (previously known as Twitter), to share updates about his legal troubles and ongoing feud with a former colleague at HitNetwork—a company he is currently suing. Armstrong stated that he was attempting to reclaim his Lamborghini from TJ Shedd, alleging that it was taken from him under duress.
Armstrong's Statement
Upon his release, Armstrong posted,
"My name is Ben and I'm a loiterer. I did 8 whole hours in the slammer."
This is the hardest tweet I ever have had to make. I need to make a confession I never imagined I would admit
— Ben Armstrong (@BenArmstrongsX) September 26, 2023
I’m not even really sure if I have the courage to say it but I’m going to do my best
Here it goes: My name is Ben and I’m a loiterer. I did 8 whole hours in the slammer
He also clarified that he was not under the influence of any substances at the time of his arrest but was fueled by the adrenaline of confronting his "bully."
Public Reaction
The crypto community had a mixed but largely humorous response to Armstrong's arrest. CryptoCharles tweeted,
"Took in $200k in donations, immediately bought a bag of cocaine, called his mistress, attempted to steal a Lamborghini, live-streamed the entire thing, and got arrested."
Bitboy is an absolute madlad
— CryptoCharles (@CryptoCharles__) September 26, 2023
Took in $200k in donations, immediately bought a bag of coke, called his mistress, went to steal a Lamborghini, livestreamed the entire thing, and got arrested
I am in fucking tears
Did Bitboy just live-stream himself showing up to a guys house who “stole” his lambo and immediately get arrested? Crypto is so back. pic.twitter.com/oEKUzUL036
— Coffeezilla (@coffeebreak_YT) September 26, 2023
Impact on Token Value
The BEN token, backed by Armstrong, has seen a decline of over 20% since the incident.

