YouTuber and boxer Logan Paul said during a recent podcast that he does not trust cryptocurrency and considers it a scam after Mike Majlak mentioned a reported Binance hack involving about $6 billion in stolen assets. Binance estimated the incident’s total impact at about $6.3 billion, said roughly $3 billion had been frozen, and co-chief executive Yi He said the exchange would absorb the full hacking loss. The comments also drew renewed attention to Paul’s promotion of the NFT game CryptoZoo, whose buyers said it failed to launch as promised. In February 2026, Paul again sought dismissal of a Texas federal lawsuit accusing him of carrying out a rug pull through the project, arguing that the latest complaint did not establish his responsibility for actions by the project’s entities.