Logan Paul Pikachu Card Fractional Shares Scandal
Logan Paul allegedly sold 51% of a rare Pikachu trading card as 'fractional shares' for $2.1M, then sold the whole card for $16.4M — without compensating fractional holders.
What we know
An account on X surfaced the allegation with significant traction (317 likes, 35K+ views), noting that the fractional share buyers who paid $2.1M collectively were never paid out when the card sold for $16.4M four years later. This connects to a broader trend of trading card tokenization: Another account on X RTs a discussion of Collector Crypt's plan to tokenize raw cards on-stream, framed as a potentially legitimate version of what Logan Paul allegedly did fraudulently.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.