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Logan Paul’s most famous Pokémon collectible is back in the spotlight, but this time the story isn’t just about a record-breaking card. It’s about the complicated trail behind the PSA 10 Illustrator Pikachu that was promoted as a $16.4 million milestone — and the growing debate over how the deal was structured. In this video, we break down the timeline surrounding the card, the role of Liquid Marketplace, and the controversial fractional ownership model that once allowed fans to buy shares tied to Logan’s collectibles. What was marketed as a community-driven opportunity has now raised serious questions about ownership, marketing claims, and what those shares actually represented. As critics dig deeper, attention has shifted to the buyback of the reported 5.4% stake, the platform’s shutdown, and regulatory allegations surrounding Liquid Marketplace. Meanwhile, Logan has launched a new venture called Rip It, adding another layer to a story that many collectors and fans are still trying to understand. Was this simply a complicated business arrangement, or does the situation reveal bigger issues about transparency and trust in high-value collectibles? This content may include opinions, rumors, or unverified information. Viewers are encouraged to verify independently.