Logan Paul has come under accusations of scams through his crypto game ‘CryptoZoo’, in response he claims that the game developers hired turned out to be conmen and criminals but he had nothing to do with the scam.
Stephen Findeisen, who goes by Coffeezilla on YouTube investigates scams in the crypto industry. He spent a year investigating CryptoZoo and Logan Paul. He released a three-part series highlighting fraudulent activities with the NFT game. The video titled ‘Investigating Logan Paul’s Biggest Scam’, gained over 7.2 million views in two weeks.
CryptoZoo is an online NFT game on the Binance Smart Chain, it was announced in 2021, the game allows users to buy virtual eggs that then hatches into hybrid animals that results in passive income. After being announced in 2021 and millions of dollars invested by ‘victims’, the game had still not launched.
The official website states ‘Builders Build. CryptoZoo is undergoing updates to the core infrastructure of the ecosystem’.
Paul denied all allegations claiming that he unknowingly hired game developers that turned out to be criminals and conmen. He responded to accusations by Coffezilla saying that “He is a lopsided journalist with an agenda” and threatens to sue him for defamation.
Findeisen spoke with multiple CryptoZoo investors who allegedly lost thousands of dollars in the game, six individuals collectively lost over $600,000.
Both parties have been in multiple interactions online since the spark of the controversy. Until now, Paul still claims innocence and assures the launch of CryptoZoo, Findeisen stands by his investigation and has not received any legal notice from Paul’s team.
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