YouTube sensation Logan Paul was one of the first influencers to get on the crypto hype train. However, as the value of many currencies fell down following the crash, The Maverick changed his stance on the success of these coins.

Moreover, he even gave his honest opinion about FTX, a crypto company that recently went bankrupt after reaching over billion dollars in valuation. In the latest episode of Impaulsive, Paul, along with co-host Mike Majlak, were discussing the FTX’s founder and his downfall. Paul stated that he could not believe that a multi-billion dollar company could so easily get bankrupt. “I can’t believe what’s happening. You said I was the SBF, Mike said I was the SBF of this podcast. Sam Bankman Free, the crypto mogul young crypto billionaire, well not anymore but he ran FTX you may have heard.” said Paul.

Moreover, he then gave his opinion about why he thought Bankman fell from grace after achieving unparalleled success. “The guy was supposed to be running a multi billion company instead he was having company org*es at his home with his colleagues. Do you know that bro he’s twisted and he got lucky he got really lucky he made a lot of money really young.” said Paul.

Read More: After Being Offered $1 Billion, Logan Paul Trolls Elon Musk’s Twitter: ‘I Don’t Have the Money’

It looks like Paul has revealed some unusual secrets of his fellow crypto investor. However, Paul himself has seen a fall from grace in the crypto market after many of his investments shot down in value.

An NFT bought by Logan Paul for over $600,00 is now worth $10

The YouTuber-turned-boxer acquired a particular NFT from the Azuki collection for $623,000 back in 2021. The main purpose of this purchase was the inclusion of owners in the web3 community. However, as interest in NFTs and cryptocurrencies fell, so did the value of this particular artwork. In July, Paul claimed that the NFT was now worth basically nothing and it was later reported that its value is now around $10.

Although The Maverick was optimistic that his investments in the crypto market would yield him high returns, it’s safe to say investing in them might not have been his best business decision.

What did you think about FTX’s fall? Let us know in the comments.

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