Logan Paul and Business Partner KSI Loses Over $3.5 Million in 2022

Logan Paul and KSI turned into business partners after being former rivals in the ring. Both launched an energy drink brand that earned them a good sum over time. Now, Paul opened up about the loss of $3.5 million, which they faced in a discrete investment. 

In the latest podcast of IMPAULSIVE, Paul discussed the recent fluctuations in cryptocurrency. Meanwhile, he shared a shocking experience of him and KSI with cryptocurrency when he invested in Luna.  

He said, “It’s not a great time to be fully involved in crypto, especially if you were involved in Luna. KSI, my business partner in prime, lost $3 million. Gone! I personally have lost half a million thus far.”

In total, both the partners lost around $3.5 million when the prices of Luna crashed drastically. This might be the first time that both partners experienced a loss.

Logan Paul partnered with KSI for their successful venture and put a stop to their rift

Earlier, the two YouTubers were involved in an aggressive beef on the internet, which led them to take it in the boxing ring. The first encounter between the YouTubers resulted in a draw, because of which both decided to take it to a professional boxing format. 

The second fight took place in the undercard event of prominent boxers like Devin Haney and Billy Joe Saunders in Los Angeles. 

Both the boxers displayed a phenomenal show through all the six rounds of the fight. In the end, KSI went victorious over ‘The Maverick‘.

After this fight, both the fighters came up with a unique appearance to the public when they announced their partnership in a venture. They launched a production company of energy drinks under the brand name ‘Prime’. 

The venture achieved great success as it achieved the target sales in very little time. They achieved sales of 10 million bottles by March 2022. Well, after earning a huge amount from their company, ‘Prime’, they faced a terrible loss by investing in the cryptocurrency which crashed recently. 

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Do you think that Paul and KSI will launch another venture in the future for their additional income? Let us know your view in the comments below.

Source: | This article originally belongs to Essentially Sports