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Market News

ZachXBT Accuses Ben Armstrong of $4K Indicator Scam

Bitboy had been selling an indicator and access to a paid group called 'High IQ' for $3,999.

Written By:
Dishita Malvania

Last updated: October 28, 2023 8:01 AM
Published 2023-10-28
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Last updated: October 28, 2023 8:01 AM
Published 2023-10-28
ZachXBT Accuses Bitboy of $4K Indicator Scam

An anonymous blockchain investigator named ZachXBT has publicly criticized Ben Armstrong (previously named Bitboy), a prominent cryptocurrency influencer and content producer. The criticism came in a post on October 27 on Twitter. 

Ben had been selling an indicator and access to a paid group called ‘High IQ’ for $3,999.

The group supposedly promised its members a top-performing indicator and a “verified strategy.”

It seems Bitboy started selling a $4K indicator and paid group called ‘High IQ’

He claims it is “a leading indicator with a proven strategy”

If it was truly this profitable then why not make money from it yourself instead of just asking for donations while claiming to have… pic.twitter.com/WfQSk8OWOn

— ZachXBT (@zachxbt) October 27, 2023

In a post, ZachXBT points out that if Ben’s offering were genuinely profitable, Bitboy wouldn’t need to request donations. Instead, he could use the supposed indicator to generate profits for himself.

It appears that Ben began selling a $4,000 indicator and a paid group named ‘High IQ.’ He asserts that this indicator is highly effective with a proven strategy. If it’s genuinely as profitable as he claims, “If it was truly this profitable then why not make money from it yourself instead of just asking for donations while claiming to have nothing?”

Also Read: Bitboy’s Controversial Remarks on HIT Network

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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