Jake Paul 'Broke' After Putting All Of His Money In Crypto, Reveals Brother Logan Paul

Jake Paul is now 'poor' according to his brother Logan - after a massive cryptocurrency crash in recent days.

Paul, who is currently in talks to arrange a fight with former Love Island contestant Tommy Fury, had invested heavily in crypto before things took a turn for the worse.

Although reports say that Jake Paul earned as much as 36 million dollars from boxing alone in 2021, his older brother Logan was dismissive of his wealth now when speaking on his own imPaulsive podcast.

"It doesn't matter," Logan Paul said of Jake's financial state. "He put it all in crypto! He's poor!"

'Extreme market conditions' saw Bitcoin and Celsius pause all withdrawals earlier this week and Coinbase announced they were laying off 18 per cent of staff because of the 'crypto winter'.

Curiously, Jake Paul decided that the extreme fall of cryptocurrency values was down to United States president Joe Biden, despite it being unregulated and not controlled by any political parties.

Curiously, Jake Paul decided that the extreme fall of cryptocurrency values was down to United States president Joe Biden, despite it being unregulated and not controlled by any political parties.