Logan Paul called crypto “a scam” and said he did not trust it after Mike Majlak raised a reported Binance hack on a podcast. Binance estimated the breach’s total impact at around $6.3 billion and said it had frozen approximately $3 billion in stolen assets. The source does not give an unambiguous date for the hack or Paul’s remarks.
In February 2026, Paul again sought to dismiss a Texas federal lawsuit accusing him of using his CryptoZoo NFT project for a “rug pull.” He argued that the latest complaint did not show he could be held liable for the entity’s conduct; the case was still ongoing.