One of them, Jake Greenbaum, a blockchain entrepreneur known as JBTheCryptoKing, was soon on the phone with the original seller asking for a refund. But the news was not so good for the sellers, who quickly realized they had been duped themselves.
Luckily, the cards had been checked before money changed hands and so Camillo kept his cash. The expected rarities had been swapped with common, worthless, and even damaged cards, and were clearly not from first-edition packs. In front of cameras, the box was opened, and anticipation soon turned to disappointment. On the table sat a briefcase full of $100 bills and the box of trading cards, which was supposed to contain 36 unopened booster packs totaling 396 cards. The purchase was streamed live on YouTube with Camillo and the three sellers, who had requested to be paid in cash. Recently, Chris Camillo, who dubs himself a “social arbitrage investor” and hosts a YouTube channel called “Dumb Money,” decided to acquire a box of rare first-edition Pokemon trading cards for $375,000. RELATED: Very Rare Pokemon Card Lost in the Mail Found 5 Months Later And it can be even more jaw-dropping when said disaster isn’t just a blurb written in a news article, but rather caught live on stream. Sometimes, unfortunately, these attention-grabbing deals of rare Pokemon cards that go for massive prices end in disaster. For example, in September 2020, Heritage Auction received $198,000 for a sealed first-edition booster box of the Pokemon Trading Card Game. Pokemon cards have been known to sell for sometimes jaw-dropping prices that can make even non-Pokemon fans wish they had a card or two to toss up on eBay.
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