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Logan Paul to respond CryptoZoo scam allegations made by Coffeezilla

by The Dao Makers
January 2, 2023
in Launchpads
Reading Time: 4 mins read
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YouTuber turned crypto developer Logan Paul stated he intends to answer Coffeezilla on Jan. 2 over allegations the CryptoZoo undertaking is a rip-off.

Paul included a screengrab of a message despatched to Coffeezilla, aka Stephen Findeisen, inviting him onto the Impaulsive YouTube channel to debate the matter. Nonetheless, in response to Paul, Findeisen didn’t electronic mail him again to just accept the invite.

“I despatched this message to CoffeeZilla 5 days in the past. I haven’t heard again, so I’ll be releasing a response to his rip-off allegations tomorrow on my YouTube channel.”

What’s CryptoZoo?

CryptoZoo is a Binance Sensible Chain (BSC) Play-2-Earn (P2E) NFT undertaking that borrows from parts of Pokemon, with customers accumulating, buying and selling, and breeding animals to earn $ZOO tokens.

The non-fungibles can be found on OpenSea as unhatched eggs, presumably with a shock reveal for house owners occurring as soon as the undertaking advances, if in any respect.

The established worth ground is at the moment at 0.285 ETH, which equates to roughly $340 at right now’s worth. It was famous pricing was not in BSC’s native BNB token, nonetheless, wrapped ETH is obtainable on the chain.

In his personal phrases, Paul stated CryptoZoo is a “actually enjoyable sport that makes you cash.”

In the course of the summer season of 2021, Paul was additionally embroiled in controversy over the Dink Doink meme token. Critics alleged the undertaking was a pump-and-dump scheme. The latest buying and selling quantity exercise occurred on Dec. 17, 2022, for lower than $14, in response to CoinGecko.

Having hit an all-time excessive of $0.000000001331 on June 30, 2021, DINK is at the moment buying and selling for $0.000000000014010 – a 99% drawdown from its peak.

Coffeezilla investigates

Thus far, Findeisen has posted three movies detailing his investigations into CryptoZoo.

They coated a deep dive into the undertaking, together with background investigations into key gamers, equivalent to Jake the Crypto King, whose Twitter account was just lately suspended, and testimonies from buyers calling out the dearth of progress in releasing a completed product.

Findeisen stated Paul didn’t pay builders, resulting in a pause in growth exercise. Additional, the Lead Developer, Eddie Ibanez, is alleged to have lied about his credentials, which embody graduating from MIT, having labored for the CIA to catch criminals, and serving to the Philadelphia Eagles win the Tremendous Bowl in his capability as a Knowledge Scientist crunching fatigue and harm stats.

Responding to the invite on Dec. 27, 2022, Findeisen stated Paul didn’t embody an electronic mail deal with to substantiate his attendance. Nonetheless, he would fortunately talk about the difficulty on dwelling floor or through reside stream.

“Logan “invited me on his present” however didn’t embody the e-mail 24 hrs earlier than this the place I invited him first onto my present, together with Eddie, CryptoKing, and Jeff.

Im blissful to fly Logan down or livestream it however I’m not flying to his CryptoZoo tax haven on new years lol”

A discover on the CryptoZoo web site acknowledged customers ought to count on downtime as upgrades are being labored on and “core infrastructure is being revamped.”

Posted In: Individuals, Rumors



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Tags: allegationsCoffeezillaCryptoZooLoganPaulrespondscam
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