Why did Logan Paul spend $ 3.5 million on fake Pokémon cards?

Logan Paul, known for being a troll by those who follow him on social media, seems to have turned against him. A YouTube star, a well-known Pokémon card collector, recently discovered that he spent millions on sets of fake cards.

In December, Paul spent $ 3.5 million on what he thought was the first edition of Pokémon, a rare find for Pokémon fans. It was the most anyone spent on cards. PokeBeach, the ultimate trading card fan site, did not initially report the news because it was skeptical about the purchase. PokeBeach would go into further detail about the sale of the case, which led Paul to further research.

In a video on his YouTube page, Paul confirmed that what he bought were not first-edition Pokémon cards. It turned out that there were no Pokémon cards in the package, but GI Joe trading cards. In the video, he talks about buying a case from a collector named Matt Allen, who originally bought it for $ 2.7 million. The person Matt bought it from had a contradictory story. It happened after the Baseball Card Exchange originally verified the case.

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The BBCE accepted the case by sealing the package and the label. In Chicago, Paul, Matt and BBCE opened the video package after feeling something. They found GI Joe cards inside.

Case against legitimacy

PokeBeach went into further detail regarding the sale of the case. It stated that the BBCE was not so experienced when it came to Pokémon cards. Baseball Card Exchange owner and authenticator Steve Hart discussed the subject of Pokémon cards in June 2020 via e-mail shared with PokeBeach, which confirmed the report.

The case was also overturned at various points, initially worth $ 72,500. As the price changed along with the movement of the case, it did not seem to be done correctly. Unlike the original video, PokeBeach discussed the product code and packaging barcodes that Paul eventually received. A specific product code is used when working with base sets. PokeBeach went on to think that the packaging tape is very different compared to trading card cases. That seemed like enough for Paul to do his own research.

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The BBCE has since responded to the revelation, stating that when it first looked at the package, it was verified to be intact. The company is now reviewing its verification process.

“In almost 20 years, we have validated tens of thousands of sealed card products and carefully developed the structure and framework to provide our expertise. We are reviewing our approach to all sealed cases. We have also decided to stop reviewing Pokémon or Yu-Gi-Oh cases or boxes!” until we evaluate and review our processes to prevent this in the future.

What about Logan Paul now?

Paul is proud to be a big Pokémon fan. When he boxed with Floyd Mayweather in 2021, he wore a rare Charizard card as a necklace. He is now out $ 3.5 million and will try to redress the wrong that has happened to him.

Paul is currently focusing on promoting his company for sports energy drinks. Paul can make money back thanks to his video content, among other things. But it will not be the same for him.

“I’m a super positive person, bro, and I’ll always be the one to look at the better side,” Paul said in the video. “And I try, but it’s very difficult.”


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