YouTuber and wrestler Logan Paul has been sued in a class action lawsuit over “fraudulent activity” involving his NFT game, CryptoZoo.
After a year of research, YouTuber Stephen “Coffeezilla” Findeisen, who investigates scammers and phony experts in the crypto space, believes that Logan Paul’s CryptoZoo something of a scamCryptoZoo, a blockchain game that was supposed to work like passive income for Paul’s avid fans and early investors, saw Paul’s team preempt the in-game currency, the zoo coin, before anyone else. In fact, the threshold was high for almost everyone involved. Except for some people hired to work at CryptoZoo who allegedly made thousands of dollars, other people interested in the “game” lost hundreds, if not thousands. rice fieldaccording to Coffeezilla Multi-part survey series.
read more: YouTuber: Logan Paul’s NFT ‘Game’ Is A Big Crypto Scam
Initially, Paul was furious over Coffeezilla’s year-long investigation, calling him a “keymster of crypto in finance” and threatening to sue him in a since-deleted YouTube video. While apologizing to fans and Coffeezilla, 3 step plan We are “finishing and delivering” CryptoZoo, which has been essentially broken since its launch in August 2021. Well, as Coffeezilla tweeted on his February 3rd, Paul is the subject of a class action lawsuit.
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The plaintiff, a Texas police officer, poured about $3,000 of his own money into CryptoZoo in hopes of making a big profit, and filed a lawsuit in the city of Austin, according to a lawsuit reviewed by KotakuPlaintiffs seek damages in excess of $75,000 for “conspiracy to commit fraud,” “fraudulent misrepresentation,” “negligence,” and “unjustified profits.” It named everyone involved in the creation of the game, including former lead developer Eddie Ibanez. I am seeking a large amount of damages.
read more: Logan Paul says some of his NFT game developers were ‘cheaters’, but he didn’t cheat
Kotaku I reached out to Paul for comment.
Paul has not responded at all since the lawsuit was filed. But he appeared (and hurt) during WWE’s 2023 Royal Rumble event on January 28. His YouTube account, which includes the Impaulsive podcast, has been pretty quiet since February began.But with all this going on, Paul’s likeness Coming to Developer Visual Concepts WWE 2K23 When it goes on sale on March 17th.