Many accused massive YouTube personality Logan Paul of fraud for allegedly scamming its community with his P2E game CryptoZoo, specifically by another YouTube creator named Stephen Findeisen, better known as Coffeezilla.
Coffeezilla is an investigative YouTube journalist who tries to uncover fraudsters and scams. In detail, his bio says: “I uncover scams, fraudsters, and fake gurus that are preying on desperate people with deceptive advertising. If you have to ask… it’s probably too good to be true.“
In brief, CryptoZoo is an NFT game where players buy zoo coins to spend on NFT eggs that later hatch into animals and reward holders with $zoo tokens every day.
Since the game’s announcement back in November 2021, many people have lost thousands and millions of dollars by investing in Logan Paul’s “promising” NFT game. Coffeezilla reached out to 6 of them, and they told him the amount of money they lost. The funds lost were close to $600,000.
Of course, there is so much more information about this topic that we could only include some things in the article. Therefore, I suggest you watch Coffeezilla videos in order to understand the situation better, as he is an expert at what he is doing, explaining it with ease and comfort.
Logan Paul’s response to the allegations
Of course, Logan Paul criticized Coffeezila for his videos, not admitting guilt and denying scamming his audience. He also stated that money was lost from his side too.
According to Decrypt, Logan Paul threatened Stephen and called his project deeply unethical, illegal, and much more. He continued by saying: “You led the charge to drive and monetize a narrative telling millions of people that I’m a fraud or I tried to scam my audience, that is patently false.” Additionally, Logan Paul threatened Coffeezilla with a lawsuit.
So, what do you think? Is CryptoZoo a scam, or was it just affected by the recent downfall of the crypto market? There might be more behind the scenes, but… who are we to know that?