While talking to the paparazzi on Saturday, August 22, Jake Paul revealed that he’s done with YouTube because he makes no money on the platform.

“I don’t f**k with that YouTube s**t. It’s a dead end. They don’t pay s**t,” the 23-year-old claimed.

He went on to explain that he has other ways of making money — through his music and the company, Fanjoy. Jake also said that “everything’s good” after the FBI executed a federal search warrant on his Calabasas home.

“People want to make light of certain situations and put you in the news for crazy s**t, but everything’s good,” he said.

Previously, Jake spoke out about the entire situation and slammed “absurd” rumors.

“Just to clarify things and set the record straight, the FBI raid is entirely related to the Arizona looting situation that happened,” the Team 10 founder said in a since-deleted YouTube video, which has been reposted by fans online. “It’s an investigation. There are rumors about it having to do with so many other things that have nothing to do with me or my character and the s**t that people are making up is absolutely absurd.”

He continued, “That being said, when I become aware of someone around me who is doing malicious things they are immediately cut out of my life. I don’t put up with bulls**t, I don’t surround myself with bad people. If someone does something bad, they will be removed from my life.”

In the since-removed video, Jake also thanked fans for their ongoing support and added, “My goal right now is to continue to focus on my life, myself, boxing, music.”

He concluded, “Thank you to all the fans who have been sticking by my side through all of these crazy times.”

YouTube has not responded to J-14‘s request for comment regarding Jake’s claims.

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