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Ben Armstrong, Founder of Bitboy Crypto Channel, Released on Bail After Arrest
Armstrong has had an apparent fallout with his former business partners, several tweets suggest.
Updated Sep 26, 2023, 5:38 p.m. Published Sep 26, 2023, 5:30 a.m.
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Crypto influencer Ben Armstrong has been released on bail after he was arrested during the late hours of Monday after an apparent confrontation with his former business partner, part of which was live-streamed on X, formerly Twitter.
An online record at the Gwinnett County Sheriff’s Department site shows one "Benjamin Charles Armstrong" was arrested for "loitering/prowling" and for "simple assault by placing another in fear" with a bond amount of $2,600.
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Armstrong was apparently carrying a gun in the backseat of his car, and was traveling with one other person, a live-stream snippet on X indicated.
BEN tokens, floated by Armstrong earlier this year, dropped 30% as reports of the arrest leaked early on Tuesday.
Armstrong sent a tweet acknowledging the incident.
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
Armstrong was previously ousted from his media company, BitBoy Crypto, following a unanimous decision, as per an August announcement, which likely led to Monday’s altercation.
UPDATE (Sept. 26, 07:38 UTC): Updates headline.
UPDATE (Sept. 26, 09:13 UTC): Adds charges and bond amount in second paragraph.
UPDATE (Sept. 26, 11:14 UTC): Updates headline and text with additional info.
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Ano ang dapat malaman:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Senate Agriculture's crypto market structure draft peppered with Democrat pitches
The latest draft of the major crypto legislation has begun to be targeted with amendments as the Senate Agriculture Committee approaches its hearing next week.
Ano ang dapat malaman:
- Proposed amendments to the Senate Agriculture Committee's crypto market structure bill have been posted, and the Democrats filing the pitches are seeking to push a number of the points they've sought over months of negotiation.
- Democrat amendments include proposals for banning senior government officials from profiting off of crypto interests and a demand for filling the Commodity Futures Trading Commission before new rules can be put in place.
- The committee's markup hearing for the bill is currently scheduled for next week, though a winter storm threatens the U.S. capital.
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