Logan Paul Hasn’t Refunded $1.8M To CryptoZoo Scam NFT Buyers After 6 Months
The publisher of the CryptoZoo NFT scam project, Logan Paul, has yet to fulfill his promise to return $1.8 million to investors over the past six months. YouTuber Logan Paul faced intense backlash six months ago for allegedly scamming his audience with an NFT gaming project called CryptoZoo, which was proposed in 2021. Paul and his crew were given ZOO tokens and sold NFT, but the game was never completed. Paul posted a video on 13 outlining his “three-step plan” right after receiving criticism to set things from YouTube investigators in January like Stephen “Coffeezilla” Findeisen became true.
In Coffeezilla’s latest video, he shared a screenshot of an email communication with Paul’s attorney, Jeffrey Neiman of the law firm MNR, which seems to suggest that a specific plan has yet to be established. No refunds have yet been made to the affected investors. As alleged by Coffeezilla, Paul once promised to deposit all of their ZOO tokens into a burning wallet so that the tokens would be effectively destroyed. After that, they can only profit from their ZOO tokens. However, upon examining the official ZOO contract detailed in the token’s white paper, there is no clear evidence that Paul or Levin burned any of their ZOOs. According to BSC Scan data, no significant ZOO token burns from one or two wallet addresses have occurred since January 2023.
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