WWE’s Logan Paul Accused Of Crypto Scam

Logan Paul has been accused of misleading fans over his involvement in a controversial cryptocurrency scheme that netted him huge profits.

Logan Paul made his name on social media and YouTube alongside his brother Jake Paul before they took on the world of boxing. Finding box office success, WWE soon came calling for Logan Paul and he made his debut in the company in 2022.

The Maverick has been praised for his ability in the ring and he has found no shortage of success as Logan Paul challenged Roman Reigns for the Undisputed WWE Universal Championship in only his third match before capturing the United States Title at Crown Jewel in 2023.

Outside of WWE, Logan Paul has launched Prime with his fellow social media star KSI but it’s his involvement in the murky world of cryptocurrency that has led to serious questions about his conduct.

Logan Paul’s Crypto Dealings Under The Spotlight

The BBC is showing a new documentary about Paul and his crypto involvement. The BBC claimed they had seen evidence that Logan Paul promoted crypto investments to his fans without revealing he had a financial interest in them.

The claims suggest that shortly before Paul tweeted about a certain crypto coin in 2021, an anonymous crypto wallet with close links to Paul’s public trading wallet traded in the coin leading to a $120,000 profit. That coin was Elongate – an Elon Musk-themed meme coin – whose value rose over 6,000% after Paul name-checked it claiming that it made him rich before the price crashed to nothing in just a few short hours.

Paul remains bullish, denying any wrongdoings but a letter from his solicitor to the BBC threatened the public service broadcaster with consequences if they broadcast their findings.