Top Crypto Tweets of The Day: Bitboy Arrested, WhiteBIT Debuts in Australia

Meanwhile, Ripple dropped its cross-appeal against the US SEC, and WhiteBIT launched in Australia.

Today, as always, crypto Twitter/X reflects on industry news, sharing opinions and analysis. Here’s our recap of the top trending topics through the lens of the diverse crypto community.

1. BitBoy Arrested in Florida, Faces up to 3 Years in Jail 

Controversial crypto influencer Bitboy, real name Benjamin Armstrong, was arrested without bail for sending threatening emails to the judge. Several days before the arrest, he confirmed receiving arrest warrants for emailing to ​​ Judge Kimberly Childs. 

The news was quickly spread across Twitter, with Mario Nawfal being one of the persons sharing it. 

This is not the first time Armstrong appears in prison. In September 2023, during a live stream outside the home of a former business partner, he was taken into custody. 

Armstrong claimed that the associate had stolen his Lamborghini, leading to a heated and highly publicized discussion. This incident, streamed live, played a key role in adding fuel to the fire of his already controversial reputation.

2. WhiteBIT CEO Volodymyr Nosov Announces Exchange Launch in Australia

WhiteBIT, one of the largest European crypto exchanges, has officially launched in Australia. The platform’s CEO, Volodymyr Nosov, stated that the country represents an advanced crypto market with high adoption rates.

“Australians hold $1.1T in deposits and $923B in stocks—$200K per family on average,” he wrote in the post.

Founded in 2018, WhiteBIT now boasts more than 35 million users worldwide.

3. US Senate to Decide on IRS DeFi Broker Rule by Week's End: Eleanor Terret Reports

Eleanor Terret, journalist and host of Crypto America, reports that the IRS DeFi broker rule could be heading to President Donald Trump’s desk for signing as soon as Friday, pending Senate approval.

Citing three sources familiar with the matter, Terret states that the Senate is preparing for a final vote on March 28.

The IRS DeFi broker rule aims to treat decentralized finance platforms as brokers, requiring them to report taxpayer and transaction data. Critics argue that this would stifle U.S. crypto innovation

Although the Senate voted against the rule on March 4, 2025, a final decision has yet to be reached.

4. XRP Investor Kenny Nguyen Celebrates the Resolution of the US SEC Case 

YouTuber and crypto investor Kenny Nguyen referenced the 4.4-year-long Ripple vs. SEC legal battle. He noted that his son has grown from middle school to a high school senior since the lawsuit was filed in December 2020.

Nguyen mentioned that he had decided to retire his Twitter/X account once the lawsuit concluded. However, following his son's advice to stay until XRP reaches $589, Nguyen has chosen to remain active on the platform.

Based on XRP’s current price of $2.41, it seems Nguyen won’t be leaving Twitter anytime soon. But who knows what will happen next?

On March 25, Ripple’s Chief Legal Officer, Stuart Alderoty, announced that the company dropped its cross-appeal against the SEC and agreed to pay $50M of the $125M fine. With this move, all appeals in the case have been dropped.

5. @CryptoDonAlt Is the Most Bullish on Stablecoins 

Trader and analyst DonAlt states that the thing he's most bullish on in crypto is stablecoins. He believes stablecoins have a huge impact on how we interact with the world but points out that the downside is that there’s no way to invest directly in this crypto category.

The number of stablecoins continues to grow in the market. Just a day ago, World Liberty Financial (WLFI), a DeFi platform backed by Donald Trump, announced USD1, a stablecoin pegged to the US dollar.