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Investors are still awaiting the $1.9 million refund Logan promised Paul six months ago: CoffeeZilla

Published on

July 1, 2023
Read Time:2 Minute, 48 Second

In keeping with reviews, traders in Logan Paul's troubled NFT gaming venture CryptoZoo are nonetheless awaiting concrete particulars on the 1,000 Ether (ETH) refund (value $1.93 million at present costs) promised again in January.

In a YouTube video Posted On June 30, “web detective” Coffezilla — the one that first make clear the venture's troubles in December 2022 — claimed that Paul's communication with the CryptoZoo group had dried up over the previous few months:

“It has been six months so here is an addendum. Logan Paul hasn't paid his victims again, he hasn't talked about it since he first introduced he would pay them again. What's worse, he would not appear to have any plans to refund anybody."

"How do I do know? Effectively, as a result of I have been begging Logan behind the scenes all this time about this plan to refund folks," he added.

Launched in September 2021, CryptoZoo goals to be an NFT develop sport that gives a possibility to earn ZOO tokens and NFTs alongside Paul himself descriptive it as a "actually enjoyable sport to make cash".

Nevertheless, given the lackluster NFT artworks seemingly ripped from Adobe Inventory photos, plunging NFT and ZOO token costs, and obvious non-compliance with the roadmap, traders had been angered in late 2022.

After dealing with heavy group backlash following Coffezilla's reveal video sequence on CryptoZoo, Paul lastly introduced a plan to return traders on Jan. 14, whereas pledging to stay to the venture's roadmap.

Nevertheless, that did not cease CryptoZoo and Paul from being hit with a category motion lawsuit the next month.

My 3-step plan for CryptoZoo, together with a $1.3M bounty program for upset gamers.

Thanks very a lot, @coffeebreak_YT pic.twitter.com/xFX017UHoc

— Logan Paul (@LoganPaul) January 13, 2023

In Coffeezilla's newest video, he shared screenshots of e-mail communications with Paul's legal professional, Jeffrey Neiman of legislation agency MNR, suggesting a concrete plan has but to be labored out.

“We characterize Logan Paul. Mr. Paul knowledgeable us about your contact concerning the standing of the CryptoZoo egg buyback. Mr. Paul stays dedicated to this course of. We're working with Mr. Paul to find out the easiest way to attain this purpose," the e-mail reads.

Associated: What are blue chip NFTs and the way to discover them?

Coffezilla continued to lift issues with this assertion, highlighting how simple it's to pay blockchain builders to write down the code for the refund course of promptly, whereas stressing that Paul is clearly rich sufficient to maintain traders sane make.

"So you are still on the whiteboard? Of us, that is a press release to say when you do not have a plan or are hesitating, [...] I imply, Logan was there in January, he judged it."

"Am I to consider that six months later you guys nonetheless have not figured that out?" he added.

Logan Paul actually is the kind of man who thanks you whenever you catch his rip-off after which blocks you whenever you ask him to pay. pic.twitter.com/wI1o3ilD5S

— Coffeezilla (@coffeebreak_YT) June 30, 2023

On the time of writing, Paul has not but posted a response to YouTube or Twitter.

Journal: NFT Creator: "Holy shit, I noticed that!" - Coldie's Snoop Dogg, Vitalik, and McAfee NFTs



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Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : July 1, 2023
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