1 min read
Sources:
Kevin's account, press and public records, his own videos
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Short answer
He calls crypto a risk asset, not an investment. He does not hold it as a core position and encourages people to consider broad index funds first. His 2022 FTX sponsorship, in which he told viewers to trade on the exchange but keep coins in their own hardware wallets, ended with the exchange’s collapse and a settled lawsuit; he has taken no crypto sponsorship since. Reinvest holds no crypto; its public securities are about 2.5% of assets. 12
His label: Risk asset (not an investment)
Sponsorship since FTX: None
Reinvest crypto holdings: None (public securities about 2.5% of assets)
His view
Kevin’s account
I consider crypto a risk asset, not an investment. With the rise of ultra-cheap index ETFs, I encourage people to consider QQQM and SPYM first, and to take concentrated positions only when they are diversified against other assets. 1
The FTX caveat
Critics point out he promoted a crypto exchange in 2022. He did, at $2,500 per disclosed mention, and he says he told viewers to keep their coins off the exchange in hardware wallets. The exchange collapsed, he settled the class action early, and he calls it a scar. That page has the record. 2
Where the company stands
Reinvest holds no cryptocurrency. At June 30, 2026 its public securities were $999,584 at fair value, about 2.5% of assets by Kevin’s description, against about 85% in real estate.
In his own videos
November 28, 2022: Crypto Fraud & FTX Collapse vs HouseHack, on how a real estate company differs from an exchange holding customer deposits. 3
A risk asset, not an investment, and not something the company owns. 1
Simply put
✅ His view
➡️ Crypto is a bet, not an investment. Index funds first.
✅ His history
➡️ He promoted FTX in 2022 for pay, with disclosures, and it blew up. Settled. No crypto deals since.
✅ The company
➡️ Reinvest owns no crypto.
Sources
Kevin's account, Indexing first: “I consider crypto a risk asset, not an investment.” Read the excerpt
Wikipedia, Kevin Paffrath (FTX promotion and settlement), Open
Kevin on YouTube, "Crypto Fraud & FTX Collapse vs HouseHack [My Startup]." (2022-11-28), at 0:00: “Crypto Fraud & FTX Collapse vs HouseHack [My Startup].” Watch from 0:00
