2023-08-26 08:01:28
It has now been exactly 223 days since social media personality Logan Paul pledged to pay $1.8 million in compensation to victims of the CryptoZoo scam. However, this payment has not been made until now. But Logan Paul did a lot to make so many people lose their money. Back in 2021, Paul, who still had millions of subscribers, started promoting CryptoZoo LLC. company called and the game it made. However, a YouTuber named CoffeeZilla quickly debunked the fraudulent project in a three-part video series. Logan Paul and the CryptoZoo Scam He pointed out that even though players bought money in-game, the promised returns never materialized. Of course, Logan Paul immediately fell for CoffeeZilla and even threatened him with a lawsuit. However, due to the huge public outcry, he retreated and even promised to help the victims. And he moved away from the project when he started promoting another NFT. On January 13, the flu agent then announced its plan. It also announced that it is severing its relationship with CryptoZoo, which will drive up the value of the token for game participants. He also promised that he will try to push the development of CryptoZoo forward until the game is finally ready. But then a few months flew by quickly and the victims are still waiting and waiting. To this day, it is not known how much Logan Paul himself profited from the case, we only know that he must have obtained a significant amount. Right now, the legal proceedings are underway, so the only question for the victims is whether Logan Paul will ever follow through on his promises. This is not the first time that celebrities have been in trouble for their involvement in promoting NFT projects. In August 2022, the American consumer protection group Truth in archyde news (TINA) warned seventeen well-known celebrities for allegedly promoting NFTs without adequate information.
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