Investigating Logan Paul's Biggest Scam
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Embroiled in a major scam, he was revealed to be the well-known YouTuber and WWE wrestler, Logan Paul, who deceived his audience through a crypto project called CryptoZoo.
In more detail, the 27-year-old encouraged people watching him to buy NFTs for CryptoZoo, which he stressed is "a really fun game that brings you money." However, more than a year after Paul's promises, the game was never finally released, with him completely abandoning the project, in which he supposedly - according to his own words - had invested almost $ 1 million of his personal fortune.
Somehow, those who bought the NFTs stayed in the cold of the bath, losing their money. There are people who lost thousands of euros, since on the first day the sale of the digital items began, a total of $ 2.85 million was spent on their acquisition.
Despite the voices of many furious users, the scandal eventually made widely known the researcher of cryptocurrency-related scams, Stephen Findeisen. In particular, Stephen, known as Coffeezilla on YouTube, began a series of videos analyzing in great depth how CryptoZoo was a "scam". His videos now have tens of millions of views and forced the Paul to break his silence.
Somehow, last Thursday, Paul posted his own video-response, in which he angrily threatened to sue Stephen. Finally on Saturday he decided to delete the video and apologized to the investigator.
At the moment, no details have been given on how Paul intends to either compensate investors or whether it intends to eventually launch CryptoZoo, but has promised to unveil its plans in the near future.
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