Rip-off or Negligence? Logan Paul Slammed for Not Paying Again CryptoZoo NFT Consumers
July 3, 2023Logan Paul is coping with backlash for not paying again CryptoZoo NFT patrons. The well-known YouTuber discovered himself within the midst of a significant controversy six months in the past over an NFT sport undertaking known as CryptoZoo. The undertaking promised NFTs and a ZOO token. However, disappointingly, the sport by no means noticed the sunshine of day. Now, the favored YouTuber and influencer is dealing with renewed criticism. Let’s take a more in-depth look.
TL;DR:
- Regardless of guarantees to refund NFT patrons, Logan Paul has remained silent, leaving victims with out a clear plan for reimbursements.
- YouTube investigator Coffeezilla discovered that Paul had not fulfilled his commitments and had ghosted the victims.
- Promised token burns by Paul and his supervisor, Jeffrey Levin, don’t have any proof within the official ZOO contract.
The Vanishing Act: Logan Paul’s Unfulfilled Commitments to CryptoZoo Consumers.
CryptoZoo Scandal: Logan Paul’s Pledge to Refund NFT Consumers Falls Flat
The scenario first escalated in January. Markedly, when YouTube investigator Stephen “Coffeezilla” Findeisen and others criticized Logan Paul for allegedly deceptive his viewers and NFT patrons. In response, on January 13, Paul launched a video outlining his “three-step plan” to deal with the problem. Nonetheless, only one month later, Paul confronted a class-action lawsuit. This accuses him and his crew of deceiving and rug-pulling CryptoZoo patrons.
The undertaking was labeled a rip-off by many and Logan Paul’s pledge to refund NFT patrons appeared to supply hope for decision. But, in response to Coffeezilla, Paul has remained silent on the matter since his preliminary announcement. Thus, leaving victims within the lurch with none clear plan for reimbursements.
Looking for Solutions and Accountability
Regardless of constant efforts to seek updates from Paul, Coffeezilla acquired no response. After reaching out to the victims and intently monitoring their public Discord chat all year long, he discovered that Logan Paul had not fulfilled any of his commitments to NFT patrons. Regardless of making a public assertion and taking credit score for his plan, Paul appeared to have vanished from the victims’ lives.
It was solely after reaching out to Paul’s legal protection lawyer that Coffeezilla received a reply. Logan Paul’s crew claims they’re nonetheless evaluating the perfect strategy to supply refunds to NFT patrons. Coffeezilla expressed disappointment with the lawyer’s response, because it lacked a particular timeline or concrete plan for restitution.
One of many key guarantees in Logan Paul’s video addressing the NFT scandal, was that he and his supervisor, Jeffrey Levin, would burn their $ZOO tokens, primarily destroying them to make sure they couldn’t revenue from them. Nonetheless, upon scrutinizing the official ZOO contract outlined within the token’s whitepaper, there isn’t any concrete proof that Paul or Levin ever burned any of their ZOO tokens. Moreover, a pockets designated for token burns, ending in 0x6D, reportedly burned 1.5 billion ZOO tokens after the preliminary NFT launch however has remained inactive since March 2022.
In the end, the shortage of motion and transparency from Logan Paul and his crew for many who purchased the NFT has left many annoyed and upset. As Coffeezilla continues to advocate for the victims, it’s clear that the fallout from the CryptoZoo controversy is way from over. The YouTuber’s repute and integrity are nonetheless on the road because the group eagerly awaits solutions and accountability.
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