Unfortunately that is correct. There have been many allegations and exposure videos about how Mr. Beast have faked his videos, his friend kriss is a pedophile, and that Jimmy knew the whole time. We have lost a true legend in the YouTube community.
There is a reason Banksy shredded his painting. He didn't want his paintings to sell for that much. He wanted them and intended them to be sold for a few dollars on the streets, to everybody. He didn't seek money, he sought to spread joy through selling his paintings. What a good man.