news culture This Youtuber guilty of cheating apologizes!
Even if the offers and projects of the content creators on the Internet are mostly “legal”, it sometimes happens that influencers are “picked into their pockets”. It’s Logan Paul’s turn to riot.
summary
- CryptoZoo in the viewfinder
- Fraud, lawsuits and public apologies
Cryp toZoo in the viewfinder
It is necessary to contextualize the state of affairs and clarify certain points related to the matter that currently interests us. For some time now, YouTuber Logan Paul, who has become famous for several controversial videos, including one filming a suicide victim in a Japanese forest, has been directing promoting a video game that mixes zoo and cryptocurrency. Dubbed simply CryptoZoo and launched in 2021, this NFT “platform” is actually a scam.
According to this videographer, followed by more than 23 million subscribers, He would have invested no less than $1 million in this project whose development would have been entrusted to a “massive team”. Several games were originally planned according to a roadmap that has since disappeared. CryptoZoo was then described as follows (a description that has since been deleted):
A self-contained ecosystem that allows ZooKeepers to buy, sell, and trade exotic animals and hybrids. CryptoZoo integrates cryptocurrency and non-fungible tokens (NFTs) into a simple and fun game with familiar mechanics.
Fraud, lawsuits and public apologies
In December 2022, Stephen Findeisen — an investigator specializing in cryptocurrency fraud — looked into this case. The one known as Coffeezilla on YouTube was launched a series of 3 videos about CryptoZoo. After discussions with several investors, some of whom spent thousands of US dollars, S. Findeisen accused Logan Paul of knowingly cheating on his followers.
The reaction of the American YouTubers is not long in coming. In a video, he rejects these allegations, but admits that he made a mistake. He would have recruited “crooks” and “criminals” to develop his NFT platform while breaking free from this failure. A few days later, Logan Paul Removes Said Video and Apologizes to CryptoZoo Investors. He then explained on the project’s Discord page that he “takes responsibility, apologizes and proposes a plan in the near future.” case follows.