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Jake Paul made millions of dollars promoting scam crypto projects, and sadly, he's one of many celebrities doing this. One notable example was his NFT scam known as stick dicks, where Jake Paul promoted the NFT for months on his Twitter selling millions of dollars of them. But after sales faded, he dumped the project and walked away with $1,500,000 personally. And after that, got involved in promoting the scam SafeMoon and Yummy, which Yummy was a con where they said the goal was to make people money while donating a large portion of coins to charity. And while they did donate some money to charity, many people were unhappy where after the Jake Paul bubble, there were 90% losses for investors.
And the next was SafeMoon, which is a very big project that claimed it would make crypto transactions better. But they ended up under investigation for hiring influencers like Jake Paul to promote it and not having them tell their fans they were paid to do so. Jake Paul made money while his fans lost big making $300,000 off of Yummy and a 190,000 off of SafeMoon. He also made another $189,000 off of scam products like Sacred Devils and Milf. It runs the family where his brother promoted Dinktoink and didn't tell people he's a creator.
And with that, I'm Charles and following to avoid celebrity scams.