$25 Million YouTube Star KSI Took a Massive “$5 Million Dollar” Hit After the Fall of the Crypto Market

Published 01/29/2023, 8:10 AM EST

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A trend that rose to fame in the past couple of years is Crypto. The idea of Cryptocurrency took the world by storm. Its value skyrocketed and people were trying to get their hands on this new mode of currency. People who mined Bitcoin had the opportunity to become millionaires, and the new wave of digital currency dominated the market.

But, the market witnessed a sudden drop in 2022, with the prices of many cryptocurrencies dropping down. Many lost the value of the holdings they had, which they accumulated, expecting high returns. One prominent personality who faced severe backlash was KSI, the popular internet icon.

KSI lost millions of dollars in crypto

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Olajide Olayinka Williams Olatunji, popularly known as KSI, is well known for his immense presence on the internet. He has established himself in different fortes, including music, boxing, and YouTube. But, unfortunately, KSI too was a victim during the shamble down of the crypto world. During an interview, Sideman members were talking about the fall of the Crypto market. Amidst the discussion, the shocking truth of who lost the most money in crypto rose up.

Read More: WATCH: KSI and Oliver Tree Get Into a Fist Fight Amidst An Interview

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The answer from the team was JJ. He is the one that took a hard rear hit when the market went down the hill. In just a single day, KSI lost $2.8 million dollars. The loss was too huge, and to put salt in the wound, he lost a total of around $5 million. Crypto was a bad investment for the 29-year-old.

JJ was mentally affected by the crypto hit

During the first hit he took a while back from the crypto downfall, the internet sensation was speechless. The impact of this even reached KSI on an emotional and mental level. He had to consult a therapist for recouping back to his joyous self after he faced this financial backlash.

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Still, the crypto market is not looking so great. Compared to its initial boom, the currencies are still under par. But, as for the YouTuber turned musician-boxer, things have been looking quite good. He defeated FaZe Temperrr to retain his Misfit cruiserweight title. JJ went on to collaborate on a music project called ‘Voices’ with the American singer Oliver Tree. The video gained around 1.4 million views in a single day.

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Surely, the future is looking bright for the Briton star. But he can only look back at his past with regretful thoughts.

Watch this Story:  $21 Million man KSI sets Lewis Hamilton as his benchmark of success in search of GOAT status

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Written by:

Aravind Menon

777Articles

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Aravind Menon is an eSports content writer at EssentiallySports. With a graduate degree in English Honours and post graduate degree in Literary and Cultural Studies, writing has always been a passion for Aravind. He has a keen interest in sports and occasionally enjoys watching sporting events.
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Edited by:

Jito Tenson