"I do not believe that KSI pumped and dumped": Kavos retracts comments about KSI cryptocurrency controversy

Amid controversy surrounding the Olajide "KSI" and XCAD cryptocurrency scandal, YouTuber Kavos — who had previously accused the Brit of being "caught in 4K" — has retracted his statements after new information about the case surfaced online. Pump-and-dump crypto schemes are a hot topic on social media right now, and Olajide was accused by @ZachXBT of doing it to the tune of $850,000.

Considering how popular KSI is in the online scene, many called him out after the claim was made against him on February 14. Kavos was among the throng of people criticizing the Sidemen member. However, since getting more information on the XCAD trades, he has rescinded his comments, saying:

In his latest post, Kavos explained that initial news and posts about the XCAD crypto scandal had misled him and that upon more research, the pump-and-dump accusations against KSI do not hold up to scrutiny. He said:

For context, on February 14, a post on X from crypto creator ZachXBT went viral after it claimed that the popular YouTuber turned boxer had participated in an $850,000 pump-and-dump scheme by inflating the price of the XCAD cryptocurrency by making posts from his alternate account. ZachXBT's tweet included screenshots of the alleged posts and trades.

Popular YouTube commentator Kavos shared that story on his official X account, calling Olajide's behavior "disgusting" and "shameless." The now-deleted post read:

After rescinding his comments, the commentary YouTuber also issued a formal apology to JJ, stating that he had jumped the gun. However, he did mention that there was much left to be desired by the posts that the Brit had made about cryptocurrency. He said:

Here are a few general reactions to Kavos' new comments on X after he went back on his