According to his older brother, Jake Paul is “broke” after investing all of his money in bitcoin. In case you haven’t heard, the cryptocurrency market has taken a beating in recent months, with Bitcoin plummeting under $20,000 this week, according to Forbes, the lowest it’s been since December 2020.
Going Even Lower
Bitcoin’s price has plummeted as the market’s main token, dragging other digital currencies down with it, exacerbating the crypto crisis. And, according to his brother during a recent episode of his Impaulsive podcast, Jake has joined the ranks of others who have experienced significant losses.
From the Top
Logan looks to be overdoing Jake’s financial status right now – after all, he’s one of the top 10 highest-paid athletes under 25, plus he makes a lot of money from other endeavors. However, as someone who has been vocal about his crypto investments, there’s no doubt he’s lost a significant amount in the ongoing crash.
Even though Jake Paul may be well aware of his situation, he has also gone on a Twitter rant to share more of his thoughts. He’s established who he blames and why he says so.
Make sure you check out his tweet right here!