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The World’s Most Popular YouTuber Just Filed for a Crypto Banking App — What Could Go Wrong?
Yahoo Finance· 2025-10-17 18:48
Core Insights - Jimmy Donaldson, known as MrBeast, has filed a trademark application for a banking platform named "MrBeast Financial," which will include crypto payment services, marking a significant shift from entertainment to financial services [1][2][3] Group 1: Trademark Application - The trademark application for "MrBeast Financial" was submitted to the United States Patent and Trademark Office (USPTO) on October 13 [2] - The application will undergo its initial examination around mid-2026, with a final decision expected by the end of next year [4] Group 2: Banking Services Offered - The proposed banking platform will offer various online banking services, including issuing credit and debit cards, processing cryptocurrency payments, facilitating crypto exchanges through decentralized platforms, and providing other investment services [3] Group 3: Previous Controversies - MrBeast was previously involved in a controversy where he allegedly made over $10 million by backing low-cap tokens, which were later identified as pump-and-dump schemes [5] - One notable incident involved MrBeast investing $100,000 in the SuperFarm ($SUPER) token, which spiked in value shortly after his involvement [6]