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YouTuber Logan Paul responded to Coffeezilla, aka Stephen Findeisen, over accusations that he scammed CryptoZoo investors.
Paul said he was betrayed by people he trusted
Paulâs opening statement claimed Coffeezillaâs investigations into CryptoZoo were motivated by a desire to piggyback off his celebrity status. He added that, in chasing clout, Findeisen has opened himself up to âvery real repercussions.â
âLike many on this platform, you have successfully used my name for views and money. While your work used to be impartial, your addiction to clicks has clouded your judgment and youâve made very real errors with very real repercussions.â
Paul then attacked Findeisenâs credibility by saying his content has become little more than gossip ungrounded in facts.
Backing up these claims, Paul highlighted âcore discrepanciesâ in Findeisenâs investigations, including failure to cover the criminal past of the dev named Zach Kelling, who âstole the game code,â fled to Switzerland, and demanded $1,000,000 to return the code.
Paul blamed Kellingâs hiring on Lead Dev Eddie Ibanez, who he trusted to vet all personnel working on the project appropriately. But he later discovered Ibanez was a âprofessional conmanâ who had fooled âbillionaires, the Morman Church, the owner of the New York Yankees, and now me.â
Continuing, Paul disputed claims that CryptoZoo had little functionality and development, particularly the process of hatching NFT eggs.
The social media personality cast further doubts around Findeisenâs practices by saying recorded conversations with his manager, Jeff Levin, were made without his permission and then posted online.
âAlthough you didnât verify any backgrounds, substantiate any evidence, took multiple criminalsâ words as truth, and broke the laws, you still published the defamation.â
However, credit was given to Findeisen for his coverage of Crypto King Jake (CKJ,) who Paul admitted stole $6 million from the project. But CKJ was removed as soon as his ill intent was discovered. Likewise, Ibanez was also removed, having stolen $1.7 million.
Further, Findeisenâs blockchain analysis showed Paul and Levin did not cash out, which Paul confirmed in the response video.
âI repeat, Jeff and I made no money and will never make any money on CryptoZoo. In fact, we only lost money trying to pick up the pieces.â
Paul said that his legal team had advised him to say no more on CKJ and Ibanez, as both are subject to criminal investigations.
Logan Paul threatens to sue Coffeezilla
Contradicting accusations that CryptoZoo was a cash grab with no intent to deliver a final product, Paul said the project is being worked on, but no timeline was given for a final rollout.
Paul summed up by saying, âeverything [was] stolen from me and our community,â he ceased project promotion to gauge the extent of the problem and âtook all of the heat on social.â Yet Findeisen still published defamatory content to enrich himself.
A failure to reach out in a timely manner and discuss the issues directly warrants legal action, said Paul.
Responding, Findeisen said Paul did not apologize to victims and take accountability for what happened. He added that a fuller response would happen once he has had time to think things through.
Findeisen later disputed Paulâs claim of failing to reach out promptly, saying is âhe really reaching on this one.â
The comments on Paulâs response video were generally unfavorable to his cause.
The post Logan Paul threatens to sue Coffeezilla over CryptoZoo scam accusations appeared first on CryptoSlate.
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