KSI has revealed that he made £7million in cryptocurrency final 12 months, solely to lose all of it within the Bitcoin crash.
The YouTuber and rapper shared the revelation throughout an look on Made In Chelsea star Jamie Laing’s podcast, Private Parts.
When he was requested about “some huge cash” he had invested in Bitcoin by the host, KSI replied: “I put £2m into Bitcoin – properly, I say Bitcoin. I put [in] £2m final 12 months – November, December – however this was into cryptocurrencies.
“I made £7m and now I’ve misplaced all of it. It’s psychological. It’s been a full journey, however I needed to expertise it. I absolutely perceive it now. I put cash in issues the place I basically leveraged myself and I kinda over-leveraged myself to a degree the place I misplaced cash due to it.”
He defined that the large loss got here due to “the Bitcoin crash”, including: “There’s no level crying over spilt milk”.
Regardless of the reverse in his cryptocurrency fortunes, the star mentioned he was “nonetheless absolutely crypto” and known as Bitcoin “the longer term”.
In the meantime, KSI released his new album ‘All Over The Place’ on Friday (July 16). The report options cameos from a variety of stars, including Future and 21 Savage on ‘Number 2’, in addition to the likes of Yungblud, Bugzy Malone and Lil Durk.
Talking concerning the album earlier than its launch, KSI mentioned: “I’m tremendous excited for the individuals to listen to this album. I’ve improved on all the things I did with [2020’s] ‘Dissimulation’.
“The singing has improved. The writing has improved. The beats have extra layers to it, I’m much more experimental, I’m far more snug on the mic and many others. This album is a mirrored image of lots of laborious work and keenness mixed and I’m actually proud to be releasing it.”