KSI is facing allegations of deceiving his audience into purchasing worthless cryptocurrencies and then selling off the tokens later.
With the surge in popularity of digital currencies, many online personalities have jumped into the crypto world.
However, some of these individuals are only interested in profiting off their fans. Recently, YouTuber turned boxer KSI was called out by ZachXBT for scamming his audience by endorsing worthless cryptocurrencies.
KSI’s former enemy and now business partner, Logan, has also been accused of scamming his audience. Logan had launched a project called Cryptozoo, but after a year of no progress and significant financial losses for investors, he was exposed by YouTube investigator Coffeezilla. Logan attempted to do damage control by offering refunds to those who were scammed, but his efforts were met with dissatisfaction.
Previously, KSI had mentioned cryptocurrency tokens that he believed would be profitable. With his large following, many people followed his lead and invested their money in these tokens.
However, after gaining popularity for the coins, KSI sold off all his holdings, worth $850,000, causing the value of the tokens to plummet.
KSI faces allegations of engaging in crypto scams. Can these accusations be trusted?
Even though KSI did not directly promote these tokens, people criticized him for his involvement. They accused him of intentionally influencing his audience to invest in these worthless tokens in order to drive up their value. Another user, X, recently exposed KSI for selling off all the tokens after their value had increased.
Fans have expressed a range of reactions online. Many believe that while it may not be a traditional scam, KSI’s actions were deceitful and dishonest, especially considering his massive following. Some fans pointed out that KSI is business partners with Logan Paul, so they were not surprised by his behavior.
It’s worth noting that KSI left the show “Road to Division 1” before these allegations arose.
It is clear that KSI made a questionable decision by aligning himself with Logan. Prior to that, people may have had more trust in him.
Some fans also brought up Logan Paul’s similar actions, suggesting that KSI may have learned from him.
The post by X exposing KSI received significant attention, and fans were shocked by his tactics. Some individuals even mocked him, stating that his association with Logan Paul made his actions unsurprising.
Many people shared their own experiences of purchasing these tokens and vowed to never trust influencers again.
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According to the Source firstsportz.com