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Jake Paul mocks Sam Bankman-Fried Following Release on $250 Million Bond

Published 12/23/2022, 7:15 AM EST

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YouTube sensation Jake Paul has been involved with a lot of crypto tycoons promoting their services to millions of his followers. However. it doesn’t seem like he has a liking for the biggest pariah in the crypto industry right now, Sam Bankman Fried.

SBF was the owner of FTX, a crypto exchange platform that shot to popularity in 2022 before it was revealed that the company was using the money of its users to fund company projects without the consent of the users. Moreover, Fried was recently arrested and will be called into Congress for questioning, but Paul was not shy to fire some shots at the former Crytpo billionaire.

Jake Paul posts a picture mocking Sam Bankman Fried

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‘The Problem Child’ took to Instagram and posted a picture of Fried being taken away by the police following his arrest. Moreover, he photoshopped his dog ‘Thor’s’ face on one of the officers escorting Fried and stated that his dog was also interested in crypto. “Thor’s a big crypto guy” he wrote.

Read More: ‘Tell Your Brother to Stop Scamming’: Jake Paul Bullied by Fans as ‘Logan Paul’s Biggest Scam’ Video Breaks the Internet

While Paul might not hold any animosity over SBF, he sure wanted to get a laugh out of this. Fried has currently been released on a $250 million bail and will be under house arrest. His release also requires him to surrender his passport and submit to location monitoring and detention.

Jake’s brother Logan Paul’s NFT scam gets exposed

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The other Paul brother Logan has been heavily involved in NFTs and cryptocurrency. However, his project $ZOO has been under heavy fire since its price dropped by 60% over a couple of months. Paul was forced to break his silence after pressure from the public and blamed the blunder on the project’s lead developer. According to Paul, the developer fled with the code and asked for a million dollars to return it.

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However, it was later revealed by the developer that ‘The Maverick’ and his team refused to pay them. This resulted in him to take the code and negotiating with Paul for a deal. Despite all the explanations, the price of the coin is dropping day by day. It is also likely that this project will suffer the same fate as many crypto projects that have failed in the long term.

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What did you think about Paul mocking SBF after he gets bail? Let us know in the comments.

Watch This Story – Boxing News Roundup (December 4, 2022). Fury Dominates Chisora in a Trilogy, Tristan Tate Invites Paul in Exchange for a Bugatti and More

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Written by:

Sahil Sood

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Sahil Sood is a Boxing writer at EssentiallySports. He earned his Bachelor’s degree in journalism and mass communication, and holds a keen interest in the 'sweet science'. His journey towards following boxing began when he first saw the highlights of Mike Tyson as a teenager, and then closely followed the rise of Floyd Mayweather.
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Edited by:

Ajinkya Aswale