KSI has revealed that he made £ 7million in cryptocurrency last year, only to lose it all in the Bitcoin crash.
The YouTuber and rapper shared the reveal during an appearance on Made in Chelsea star Jamie Laing’s podcast, Private parts.
When asked about ‘a lot of money’ he had invested in Bitcoin by the host, KSI replied, ‘I put £ 2million in Bitcoin – well, I say Bitcoin. I put [in] £ 2million last year – November, December – but it was in cryptocurrencies.
“I won £ 7million and now I have lost everything. It’s mental. It was a complete trip, but I had to experience it. I understand it perfectly now. I put money into things where I basically got into debt and got a little too much debt to the point where I lost money because of it.
He explained that the big loss came from the “Bitcoin crash”, adding, “There’s no point in crying over spilled milk.”
Despite the setback in his cryptocurrency fortune, the star said he was “still fully crypto” and called Bitcoin “the future.”
Meanwhile, KSI released their new album ‘All Over The Place’ on Friday July 16. The record features cameos from a range of stars including Future and 21 Savage on ‘Number 2’, as well as Yungblud, Bugzy Malone and Lil Durk.
Speaking about the album ahead of its release, KSI said, “I’m super excited that people are hearing this album. I improved everything I did with [2020’s] ‘Concealment’.
“The singing has improved. The writing has improved. The rhythms have more layers, I’m a lot more experimental, I’m a lot more comfortable on the mic, etc. This album is a reflection of a lot of hard work and passion combined and I’m really proud to release it. “