Logan Paul, YouTube megastar and social media heavyweight is once again in hot water over alleged shady crypto dealings.
New evidence uncovered by the BBC suggests Paul promoted certain cryptocurrency tokens called “meme coins” without disclosing his financial stake.
BBC Links Anonymous Crypto Wallet To Paul
The controversy deepens as the BBC links an anonymous crypto wallet that showed significant profits after Paul’s endorsement.
The secret wallet, tied closely to Paul’s public wallet, reported a $120,000 profit from trades made just before he publicly endorsed a coin in 2021.
Not The First Time
This isn’t the first accusation of its kind; Time previously reported similar activity with another crypto.
Paul is also facing a multi-million-dollar lawsuit over his failed CryptoZoo project but denies any wrongdoing, the BBC report mentions.
The BBC said his crew members were abused when they visited Logan Paul’s gym in Puerto Rico to hear his side of the story.