• Logan Paul sells Pokémon card for $16.5M, years after fractional NFT row Paul once fractionalized ownership of the rare Pokémon card on Liquid Marketplace in 2022 before the website went offline, leading to a lawsuit as investors demanded returns. • Cointelegraph in your social feed YouTube star Logan Paul has set a new Guinness World Record, selling his rare Pokémon card for nearly $16.5 million on Monday - the most expensive card sale in history - though the new record sale didn’t come without controversy. • Theauctionfor the Pikachu Illustrator Pokémon card - one of 39 created in a competition in the 1990s - was won by AJ Scaramucci, the son of American financier Anthony Scaramucci, outbidding several others who made offers in the seven- and eight-figure range. • Paul is believed to have made an $8 million profit after auction fees on Monday. • He bought the card for $5.3 million in July 2021. • .@LoganPaul’s rare@Pokemoncard becomes most expensive ever sold in record-setting auction.The PSA-10 Pikachu Illustrator went on sale via@GoldinCoand eventually sold for $16,492,000.https://t.co/B1YBUIqhbx However, the record sale reignited criticism over Paul’s move to fractionalize ownership of the card on Liquid Marketplace in 2022 before the platform went offline, leaving investors scrambling for returns and prompting a lawsuit in Canada.
Article Summaries:
- YouTube star Logan Paul has set a new Guinness World Record, selling his rare Pokémon card for nearly $16.5 million on Monday - the most expensive card sale in history - though the new record sale didn’t come without controversy. The auction for the Pikachu Illustrator Pokémon card - one of 39 created in a competition in the 1990s - was won by AJ Scaramucci, the son of American financier Anthony Scaramucci, outbidding several others who made offers in the seven- and eight-figure range. Paul is believed to have made an $8 million profit after auction fees on Monday. He bought the card for $5.3
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