Alias:

Reward:

This subject has multiple active legal proceedings, has had a $2.8M default judgment entered against him, and has been removed from the brand he co-founded. The Bureau maintains this profile as an archival reference. The standing 1,000,000 $MBI reward does not apply to Archive subjects already subject to active law-enforcement or civil judgment processes.

Remarks:

Once the most-watched crypto influencer on YouTube with over 1.5 million estimated monthly watch hours, Armstrong's public arc collapsed in stages between August 2023 and early 2026. His former company HIT Network publicly stated his removal was due to "alleged substance abuse, financial misconduct, and erratic behaviour." Blockchain analysts have reported that wallets previously linked to Armstrong were nearly drained from late October 2025 onward, with former collaborators publicly stating he had been "selling everything not bolted down."

Caution:

In June 2024, the U.S. Commodity Futures Trading Commission subpoenaed Armstrong's former media employer HIT Network as part of an investigation into undisclosed token promotions, including Armstrong's personal involvement in promotions of memecoins between 2021 and 2023 (specifically including $BEN and $DistX). The CFTC investigation remains open as of profiling. In March 2025, Armstrong was arrested in Volusia County, Florida on a fugitive warrant issued by Georgia authorities. Unsealed court documents show he is being prosecuted under Florida Statute 836.10 on two felony counts of written threats to kill or injure, directed at Cobb County Superior Court Judge Kimberly Childs in connection with a separate defamation proceeding in which Armstrong was representing himself. Each count carries a potential sentence of 5 to 10 years. The case is moving toward trial.

On June 27, 2025, Armstrong was arrested again, this time in Cherokee County, Georgia, on six counts of harassing phone calls. He posted bond and was released the following day. In February 2026, U.S. District Judge Beth Bloom of the Southern District of Florida entered a $2.8 million default judgment against Armstrong in the defamation case brought by Kevin O'Leary, comprising approximately $78,000 in reputational damages, $750,000 for emotional distress, and $2 million in punitive damages. The case centered on a string of March 2025 posts in which Armstrong falsely accused O'Leary and his wife of being "real-life murderer[s]" in connection with a 2019 Ontario boating accident in which two people died. O'Leary was a passenger and was never charged; his wife was charged with careless operation of a vessel and was exonerated after a 13-day trial. Armstrong's January 2026 motion to vacate the default judgment was rejected.