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

Known to be a troll by those who follow him on social media, Logan Paul seems to have turned it on its head. The YouTube star, a well-known Pokémon card collector, recently discovered that he spent millions on fake card games.

In December, Paul spent $3.5 million on what he thought was a box of first edition Pokémon booster boxes, a rare find for Pokémon fans. It was the most anyone had ever spent on the cards. pokeplaya, the latest trading fan site, did not initially report the news as a result of their skepticism about the purchase. PokeBeach would go into more detail about the case sale, prompting Paul to do some more digging.

In a video on his YouTube page, Paul confirmed that what he bought were not first edition Pokémon cards. It turned out that there weren’t any Pokémon cards in the pack, but rather GI Joe trading cards. In the video, he talks about buying the case from a collector named Matt Allen, who originally bought it for $2.7 million. The person Matt bought it from reportedly had an inconsistent story. This is after the Baseball Card Exchange originally verified the case.

The BBCE accepted the case based on the sealing of the package and the label. In Chicago, Paul, Matt and the BBCE opened the package on video after something felt wrong. Inside, they found the GI Joe cards.

The case against legitimacy

PokeBeach went into more detail about the case sale. He stated that the BBCE didn’t have that much experience when it came to Pokémon cards. Baseball Card Exchange owner and authenticator Steve Hart discussed the Pokemon cards issue in June 2020, via an email correspondence shared on PokeBeach, confirming that report.

The case was also overturned at various points, initially with a value of $ 72,500. The way the price changed, along with the movement of the box, did not seem to be done correctly. Unlike the initial video, PokeBeach discussed the product code and barcodes on the packaging that ultimately went to Paul. A specific product code is used when it comes to basic sets. PokeBeach continued with the idea that the packaging tape is very different compared to the sticker cases. That seemed enough for Paul to do some of his own research.

The BBCE has since responded to the revelation, stating that when it initially looked at the package it verified that it had not been touched. The company will now reevaluate its authentication process.

“We have authenticated tens of thousands of sealed card products for nearly 20 years and have meticulously developed a structure and framework to provide our expert opinion. We are re-evaluating our approach to all sealed cases going forward. We have also decided to stop reviewing Pokémon or Yu-Gi-Oh! boxes or crates until we evaluate and revise our processes to prevent this from happening in the future.

What happens now with Logan Paul?

Paul prides himself on being a huge Pokémon fan. He wore a rare Charizard card as a necklace when he boxed Floyd Mayweather in 2021. He now has $3.5 million and will seek to right the wrong done to him.

For now, Paul is focusing on promoting his sports energy drink company. Paul is able to make money back through his video content, among other ventures. However, it will not be the same for him.

“I’m a super positive person, bro, and I’ll always be the one to look on the bright side,” Paul said in the video. “And I’m trying, but this is very difficult.”