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Jake Paul allegedly 'broke' after losing $40m fortune in crypto investments

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  • Jake Paul allegedly 'broke' after losing $40m fortune in crypto investments

    According to a recent episode of Logan Paul’s podcast, the YouTube star’s brother Jake is currently ‘poor’ after seeing a massive chunk of his wealth wiped out in the recent crypto crash. In the clip, seen below, Logan Paul said of his brother "It doesn't matter, he put it all in crypto! He's poor!”.

    The quote came in response to another guest commenting on the alleged $40m or more Jake Paul has made from his boxing career after another guest speculated that Jake has made more than $40m from boxing so far. The news comes asfurther allegations are circulating about the sum Paul believes he is owed by Floyd Mayweather after their ‘fight’ in Miami.


    In a situation that has been going on for months now, Jake Paul claims Mayweather owes him close to $5m of the reported $15m he was due for participating in the ‘fight’ in 2021. In an interview on Andrew Schulz’s Flagrant podcast, Paul said of the situation “...He thinks he can do what he wants because I am new to the boxing game. See you in court! How many lawsuits can pile up for the same event?"


    Jake Paul Blames Biden


    Jake Paul himself has not been quiet about the people he blames for his current predicament, and it seems like Mayweather is sharing his reticule with a rather odd bedfellow, one Joe Biden. It seems that the YouTuber turned boxer believes Biden is responsible for a number of America’s problems, including the current crypto situation.

    Other YouTubers have faced the same issues as Paul in terms of losing large sums of money after investing in crypto. Last month, Olajide Olayinka Williams Olatunji, better known as KSI to his fans, tweeted about a 2.8m investment he had made that lost almost all its value in a short space of time, although in that case he also suggested the losses had helped him reframe his mindset away from money, something Paul doesn’t seem to have managed yet.

    https://www.invenglobal.com/articles...to-investments
    Rebelrbg Rebelrbg likes this.

  • #2
    Originally posted by jaded View Post
    According to a recent episode of Logan Paul’s podcast, the YouTube star’s brother Jake is currently ‘poor’ after seeing a massive chunk of his wealth wiped out in the recent crypto crash. In the clip, seen below, Logan Paul said of his brother "It doesn't matter, he put it all in crypto! He's poor!”.

    The quote came in response to another guest commenting on the alleged $40m or more Jake Paul has made from his boxing career after another guest speculated that Jake has made more than $40m from boxing so far. The news comes asfurther allegations are circulating about the sum Paul believes he is owed by Floyd Mayweather after their ‘fight’ in Miami.


    In a situation that has been going on for months now, Jake Paul claims Mayweather owes him close to $5m of the reported $15m he was due for participating in the ‘fight’ in 2021. In an interview on Andrew Schulz’s Flagrant podcast, Paul said of the situation “...He thinks he can do what he wants because I am new to the boxing game. See you in court! How many lawsuits can pile up for the same event?"


    Jake Paul Blames Biden


    Jake Paul himself has not been quiet about the people he blames for his current predicament, and it seems like Mayweather is sharing his reticule with a rather odd bedfellow, one Joe Biden. It seems that the YouTuber turned boxer believes Biden is responsible for a number of America’s problems, including the current crypto situation.

    Other YouTubers have faced the same issues as Paul in terms of losing large sums of money after investing in crypto. Last month, Olajide Olayinka Williams Olatunji, better known as KSI to his fans, tweeted about a 2.8m investment he had made that lost almost all its value in a short space of time, although in that case he also suggested the losses had helped him reframe his mindset away from money, something Paul doesn’t seem to have managed yet.

    https://www.invenglobal.com/articles...to-investments
    Red - Invest ,of you own free will, in sketchy financial fads and lost all of your money?

    That's Biden's fault too.
    Kris Silver Kris Silver likes this.

    Comment


    • #3
      Lol

      Jake saying it's Floyd and Biden's fault.

      Might as well say it's Larry's fault while he's at.

      Comment


      • #4
        Originally posted by Willy Wanker View Post
        Lol

        Jake saying it's Floyd and Biden's fault.

        Might as well say it's Larry's fault while he's at.
        its not larry's fault?
        jaded jaded likes this.

        Comment


        • #5
          Originally posted by billeau2 View Post

          its not larry's fault?
          I think it's all Larry's fault.



          Larry trying to keep the white man down
          billeau2 billeau2 likes this.

          Comment


          • #6
            Jake Paul loses millions.

            I somehow get a losing bet reversed that I had disputed.

            All is right in the world.

            Comment


            • #7
              Originally posted by YoungManRumble View Post
              Jake Paul loses millions.

              I somehow get a losing bet reversed that I had disputed.

              All is right in the world.
              What did you bet on? NBA Finals ?

              Comment


              • #8
                Originally posted by billeau2 View Post

                its not larry's fault?
                Everything is Larry fault apparently.

                I even blame him for the bad weather.
                Zaroku Zaroku billeau2 billeau2 like this.

                Comment


                • #9
                  Easy come...easy go.
                  Rebelrbg Rebelrbg likes this.

                  Comment


                  • #10
                    Not the brightest dude around. If he can convince Tyson to fight him he needs to buy real estate next time.

                    Comment

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