Logan Paul threatens to sue Coffeezilla over CryptoZoo scam accusations

[krishnaverma]

Link to news
https://cryptoslate.com/logan-paul-threatens-to-sue-coffeezilla-over-cryptozoo-scam-accusations/

I do not like this suing culture though as it is being misused by most of the people these days. Powerful people are making independent small creators silent with this fear. A better approach in this case will be if Logan Paul tried to contact the responsible person himself and settle everything with communication like matured adults. We do not always need courts to settle disputes for us.

[OgNasty]

This is big news in the far out reaches of what passes as crypto supporters in the community. Mostly these are the kids who are lining up to overpay for Logan’s shorty sports drinks who dumped money into cryptozoo. Personally, I’m shocked he was able to raise a penny after the disaster that was DinkDoink. Anyone familiar with Logan in the crypto space after that should have known to avoid his products. He’s clearly chasing easy money.

[Hydrogen]

Another libel / defamation suit? As if the world hadn't had enough of that with the Johnny Depp and Amber Heard scandal.

The last few years could have been terrible for Paul financially. Not only does cryptozoo not appear to be doing well.

Logan Paul also claims that Floyd Mayweather Jr and Mayweather Productions still haven't paid him for their exhibition boxing match in 2021.

I don't think that this defamation suit will go to court. I think Paul is only trying to clear his name and set the record straight. He doesn't want his reputation damaged.

[davis196]

I think Paul is only trying to clear his name and set the record straight. He doesn't want his reputation damaged.

1.I don't think that this topic belongs to the Bitcoin Discussion forum. Logan Paul's project "Cryptozoo" is a Play2earn NFT thing, which has nothing to do with Bitcoin. Maybe someone should move this forum thread to the Altcoin Discussion forum.
2.No scammer wants his reputation to be damaged. This Cryptozoo project was intended to be a "pump and dump" scam right from the start.
Logan Paul and Cryptoking had a beef, so Cryptoking secretly sold tokens from the liquidity pool, which forced Logan Paul to block Cryptoking to access his tokens. At the end of the day, it's just two scammers, who don't trust each other, but want to get some easy money from the innocent people.

[cmg777]

I think Paul is only trying to clear his name and set the record straight. He doesn't want his reputation damaged.

1.I don't think that this topic belongs to the Bitcoin Discussion forum. Logan Paul's project "Cryptozoo" is a Play2earn NFT thing, which has nothing to do with Bitcoin. Maybe someone should move this forum thread to the Altcoin Discussion forum.
2.No scammer wants his reputation to be damaged. This Cryptozoo project was intended to be a "pump and dump" scam right from the start.
Logan Paul and Cryptoking had a beef, so Cryptoking secretly sold tokens from the liquidity pool, which forced Logan Paul to block Cryptoking to access his tokens. At the end of the day, it's just two scammers, who don't trust each other, but want to get some easy money from the innocent people.

It sounds like Logan Paul is aiming to be SBF lite as he plays the victim while "donating" or allowing people in the inner circle of CryptoZoo to cash out their bilk from the funds. I bet in the end he'll have an exit scam hack to bring it all down and into his pocket.

[mv1986]

This is big news in the far out reaches of what passes as crypto supporters in the community. Mostly these are the kids who are lining up to overpay for Logan’s shorty sports drinks who dumped money into cryptozoo. Personally, I’m shocked he was able to raise a penny after the disaster that was DinkDoink. Anyone familiar with Logan in the crypto space after that should have known to avoid his products. He’s clearly chasing easy money.

I agree but it kind of still is surprising how little seems to be happening when people lie in order to raise money. Isn't that a classic example for fraud and should be punished according to US law? He was clearly lying at several points and when things went South he should have been obliged to be transparent about it towards the investors. At least he should have warned newly incoming investors that the story he spread over several months isn't true anymore. He clearly misled people and obviously the various social media channels were abused to keep people in the line and make them believe in the project (and even make them buy more even when it was known that shit already hit the fan). I wonder how many of these scam artists seem to get away with it despite the public spotlight being put onto them.

[BossTrack]

People that want to sue don't threaten they will sue. It's like when someone says they will beat you up, you know they aren't actually going to beat you up - if they wanted to they would just sucker punch you without warning.

[Daltonik]

Actually a natural outcome, a class action lawsuit was filed against Logan Paul for his role in the scandalous CryptoZoo scam. Despite the fact that earlier Paul offered the deceived investors a compensation plan for $ 1.5 million
Also on the list of defendants are other well-known influencers such as Jeff Levin, Jake Greenbaum (known as Crypto King), Eddie Ibanez.

It remains to be hoped that they will get what they deserve and it will also serve as a lesson for others to be more careful when promoting dubious projects.

Source:  https://cointelegraph.com/news/logan-paul-and-cryptozoo-sued-in-class-action-lawsuit

https://storage.courtlistener.com/recap/gov.uscourts.txwd.1205016/gov.uscourts.txwd.1205016.1.0.pdf

[Hispo]

I watched some videos on YouTube and I must say that it is messed up how Logan Paul continues to successfully scam people around the internet this way and the fact there is still people out there willing to put a penny into anything endorsed by that man.

Any other person who did not have his money and influence would be completely excluded from further social media business activities or even behind bars.

[Daltonik]

I watched some videos on YouTube and I must say that it is messed up how Logan Paul continues to successfully scam people around the internet this way and the fact there is still people out there willing to put a penny into anything endorsed by that man.

Any other person who did not have his money and influence would be completely excluded from further social media business activities or even behind bars.

Yes, you're right, even for less, youtube blocks accounts, but google is in no hurry to apply sanctions to those who bring it profit, I think after the court decision, which of course may be delayed. google will still take the right side.

[mindrust]

Sucks.

If coffeezilla goes down, it is one less scambuster for the scammers. The world is so corrupted, honest men like coffeezilla might actually get punished for their honesty while scammers can do whatever they want. We should show our support to coffeezilla because he worked hard to save people from the scammers. He deserves that much.