Coffeezilla: Investors Are Still Waiting for the $1.9 Million Logan Paul Promised Six Months Ago
Coffezilla explained that the refund process should be easy to manage, while the financial implications shouldn’t be a problem for someone as wealthy as Logan Paul.
According to reports, investors in Logan Paul’s troubled NFT gaming project, CryptoZoo, have not yet received details about the 1,000 Ether (ETH), which is worth $1.93 million at current prices. This refund was originally promised in January.
Coffezilla, the “internet detective” who first exposed the CryptoZoo project’s problems in December 2022, claimed that Paul had not communicated with the community for the past six months.
It has now been six months. Here’s the follow up. Logan Paul still hasn’t repaid his victims, and he hasn’t spoken out about it since it was first announced. What’s worse, he doesn’t seem to have any plan to refund anyone
CryptoZoo was launched from September 2021 as an NFT grow game that offers an opportunity to earn ZOO and NFT tokens. Paul himself described it as “a really fun game that makes money”.
However, due to lackluster NFT art, seemingly ripped off Adobe Stock images, a crash in NFT and ZOO token prices, and a failure to deliver by the end of 2022 according to roadmap, investors were upset.
Following the violent community reaction to Coffezilla’s series of reveal videos about CryptoZoo on January 14, Paul announced that he would refund investors’ money and also promise to stick to the roadmap.
However, the following month, Paul and CryptoZoo were still facing a class action lawsuit.
My 3-step plan for CryptoZoo, including a $1.3M rewards program for disappointed players.
Thank you, @coffeebreak_YT pic.twitter.com/xFX017UHoc
— Logan Paul (@LoganPaul) January 13, 2023
In Coffeezilla’s latest video, he shared screenshots of email correspondence with Paul’s attorney Jeffrey Neiman of the law firm MNR. This seems to indicate that no concrete strategy has been set yet.
“We represent Logan Paul. Mr. Paul informed us about your request regarding the CryptoZoo egg buyback. Mr. Paul remains committed to the process. The email stated, “We are working with Mr. Paul to evaluate the best options” to achieve this goal. and also noted that Paul was apparently wealthy enough to put her back to health.
So you’re still working on the whiteboard? Guys, that’s what you say when there’s no plan or you’re being put on the back burner. Logan was on the whiteboard in January. He rated.
Am I to believe that you still haven’t solved this problem six months after you started?
Logan Paul really is the type of dude to thank you when you expose his scam, then block you when you remind him to pay up. pic.twitter.com/wI1o3ilD5S
— Coffeezilla (@coffeebreak_YT) June 30, 2023
At the time of writing this, Paul has not yet posted a response to YouTube or Twitter.