WWE star Logan Paul is facing a class action lawsuit over alleged “CryptoZoo” fraud
Logan Paul has been notorious for being part of fraudulent schemes for many years. In fact, he mainly got famous by clicking or betting on various controversies inside and outside of the YouTube community. Finally, the Cleveland native could face some consequences.
It all started with YouTuber Coffeezilla doing a three-part reveal about Logan’s crypto-related game, Cryptozoo. The older Paul brother had already jumped on the crypto bandwagon as he appeared to be “investing” and promoting various crypto platforms, many of which turned out to be fake.
This is the dumbest, most ridiculous piece of shit I’ve ever seen. And that’s why I’m fully involved 📈
— Logan Paul (@LoganPaul) June 28, 2021
In response, Paul tried acting real tough, recording a lackluster response video in which he tried to shift all responsibility off his shoulders and blame others. What the last Vine Star failed to realize was that he had basically admitted to all the mismanagement and capital theft that had occurred.
While attempting to end the video on high horses and threatening to sue Coffeezilla for defamation and misrepresentation of information, he later deleted the video and attempted to end the controversy there. But people have already invested in Crypto after seeing his recommendations and got scammed right away.
The recently filed class action lawsuit against him states, “Defendants promoted CryptoZoo’s products through Mr. Paul’s online platforms to consumers unfamiliar with digital currency products, resulting in tens of thousands of people purchasing those products. “
“Unknown to the customers, the game did not work or never existed, and the defendants manipulated the zoo token digital currency market to their advantage.”
Crypto has proven to be a scam on almost every front so far, and people should probably think wiser about where they put their money. As far as NFT-based games go, big companies like Ubisoft have dabbled and, aside from a few usual Cryptobros, have received almost universal backlash.
We hope that Logan will be properly punished for all his crimes.
https://www.sportszion.com/wwe-star-logan-paul-faces-class-action-lawsuit-over-alleged-cryptozoo-scam/ WWE star Logan Paul is facing a class action lawsuit over alleged “CryptoZoo” fraud