Logan Paul of CryptoZoo NFT: still no refunds to scammed buyers

According to what has emerged, it appears that Logan Paul, the YouTuber who launched his CryptoZoo NFT game project in 2021, appears to have scammed his audience. Basically, Paul and his team sold NFTs and released a ZOO token, but the game never materialized.

Timeline of Zookeeper

Investors of Logan Paul's NFT gaming project, CryptoZoo, are reportedly still awaiting details regarding the promised refund of 1000 Ethereum (equivalent to $1.93 million at current prices). Despite Paul's initial announcement in January, communication with the CryptoZoo community has dwindled, leaving investors frustrated.

Degen Zoo, an NFT game inspired by Logan Paul's controversial Crypto Zoo concept, has attracted massive interest, with over 115,000 wallets registering to join the game, pledging over $700 million. The game aims to raise awareness of the impact of capitalism on animal extinction and features a deflationary token and an NFT collection of 120 endangered species.

CryptoZoo, Logan Paul's proposed online game project, was recently at the center of a class-action lawsuit after the YouTuber apologised to fans who lost money investing in the venture.  Crypto scam investigator Stephen Findeisen, aka Coffeezilla, has now appeared on the Joe Rogan podcast claiming Paul is yet to refund buyers of CryptoZoo NFTs despite a promise to do so earlier this year.

Coffeezilla, a well-known YouTube personality, recently joined Joe Rogan and talked about his work and some of the most significant stories he has ever worked on. Among them was the Logan Paul Cryptozoo Saga, which Coffeezilla claimed to be one of the most remarkable stories he had ever reported.

A class action complaint has been filed against CryptoZoo and Logan Paul, alleging that the defendants defrauded customers out of millions of dollars worth of cryptocurrencies. The lawsuit names both of them as defendants.

YouTuber Logan Paul has been named in a lawsuit against his project CryptoZoo, which has been accused of fraudulently stealing millions from investors.  Logan Paul Faces Class-Action Lawsuit  A class-action lawsuit has been filed against Logan Paul and his CryptoZoo project by the plaintiff named Don Holland, who alleged that the project had executed a ‘rug pull' by abandoning the CryptoZoo NFT project.

Plaintiff Don Holland, as of recent reports, has accused CryptoZoo and Logan Paul of rug pulls. Attorney Paul also made the same comments while adding to the list of those facing the accusations.

The drama surrounding Logan Paul's CryptoZoo project is far from over. What Happened: Coffeezilla, in a new video post, raised questions about the sincerity of Paul's promises, suggesting that his motivations may be more about avoiding legal action than anything else.

YouTube influencer Logan Paul will create a refund plan for his troubled CryptoZoo NFT project, as announced in a Twitter video on January 13. The post Logan Paul reveals refund plan for dissatisfied CryptoZoo NFT investors appeared first on CryptoSlate.

Despite a rather gloomy 2022 that was extremely harsh on crypto investors, the new year seems to have rekindled their spirits with explosive price action being witnessed in tokens such as the CryptoZoo (CRYPTO: ZOO). Since the last week of December 2022, prices for the ZOO token have sky-rocketed as the platform's founder YouTuber Logan Paul took to his channel to assuage investor fears.