Logan Paul has told fans that he and British Youtube star KSI lost a combined £2.8m ($3.5m) following the recent crypto crash. The incident sent prices of Bitcoin, Ethereum and Luna into the ground.
YouTuber Paul has been in business with KSI ever since the Brit overcame the American in their highly anticipated boxing clash in 2019. Both men, reported to be worth a combined £43m as of April 2022, invested heavily into the Crypto and NFT (Non Fungible Tokens) market.
But, along with millions of other investors, their investment value nosedived after the Cryptocurrency Luna, saw its price plummet from around $6.75 (£5.45) to less than one cent in a matter of days.