Logan Paul Gets $3.5 Million Refund After Buying Fake Pokemon Cards
When he’s not having questionable exhibition matches against Floyd Mayweather, Logan Paul can be seen depositing ridiculous amounts of money on Pokémon cards. He was thrilled to own an entire crate of first edition cards with the option of having 11 first edition Charizard cards. Unfortunately – as TCG aficionados suspected – the case turned out to be filled with old GI Joe cards instead. In the latest story development, Paul appears to have his $3.5 million back.
The “biggest fraud in Pokemon history”, as it was called, came to light when – amid constant speculation – Paul decided to open the box with Shyne, the person who had sold him the cards. Much to their dismay, instead of 11 first edition Charizards, they encountered a few roadblocks as the case was filled with 1991 GI Joe trading cards.
As pointed out Dexerto, after realizing the deal was bogus, Shyne repaid the $3.5 million to Paul. “Upon opening the 1st edition of the BBCE Authenticated Pokemon Case, we noticed that the boxes inside looked off and unfortunately the case was fake,” he said. via her Instagram stories. “Logan Paul and I are grateful to Rattle and the Pokemon community for exposing this fraudulent case now before it is further investigated.”
“I refunded Logan his 3.5 [million], however, we will see how quickly I am cured of the sellers who brought it to me already authenticated in the next few days or if it turns into an endless scenario.
Shyne will now go after the party that sold her the case as well as the original seller. “I am encouraged by my legal team that Meelypops has agreed, through its attorney, to escrow the proceeds it received from the sale while we work to recover the remainder of my funds from Card Kahuna,” he said in a follow-up message.
Pokemon TCG scams have increased, and given the large sums of money that have changed hands, these things are inevitable. To be fair, GI Joe trading cards look pretty cool.
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