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.
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 million in July 2021.