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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 revelation during an appearance on Made In Chelsea star Jamie Laings podcast, Private Parts.

When he was asked about a lot of money he had invested in Bitcoin by the host, KSI replied: I put 2m into Bitcoin well, I say Bitcoin. I put [in] 2m last year November, December but this was into cryptocurrencies.

I made 7m and now Ive lost it all. Its mental. Its been a full journey, but I had to experience it. I fully understand it now. I put money in things where I essentially leveraged myself and I kinda over-leveraged myself to a point where I lost money because of it.

CREDIT: Zoobs Ansari

He explained that the big loss came because of the Bitcoin crash, adding: Theres no point crying over spilt milk.

Despite the reverse in his cryptocurrency fortunes, the star said he was still fully crypto and called Bitcoin the future.

Meanwhile, KSI released his 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 the likes of Yungblud, Bugzy Malone and Lil Durk.

Speaking about the album before its release, KSI said: Im super excited for the people to hear this album. Ive improved on everything I did with [2020s] Dissimulation.

The singing has improved. The writing has improved. The beats have more layers to it, Im a lot more experimental, Im way more comfortable on the mic etc. This album is a reflection of a lot of hard work and passion combined and Im really proud to be releasing it.

Read more from the original source:
KSI made 7million cryptocurrency and then lost it all - NME