Meanwhile, Paul has threatened to sue the blockchain investigator.
Logan Paul has been at the receiving end of seemingly endless controversies since his career took off as a media star. His two-year-old NFT venture – Crypto Zoo – is now under intense scrutiny.
Crypto Zoo was launched in 2021 on Binance Smart Chain. To play the game, all users had to do was buy “eggs” that hatch into hybrid animals. People reportedly purchased nearly $2.5 million worth of eggs even before it was launched. In fact, its native ZOO token skyrocketed in value, reaching over a $2 billion market cap pre-launch.
Findeisen alleged that the founding team, including Paul, did not spend $1 million in developing the game but instead copy-pasted a code from FlokiShibX and claimed it as their own. CryptoZoo investors also claimed having failed to hatch the eggs they had purchased and described them as “just a picture” that is “basically worth nothing whatsoever.”The credibility of the entire series has been plucked and debated by the community members. But, for the most part, Paul himself opted to remain silent. Earlier this week, the American media personality finally broke his silence and uploaded his response to the investigation, saying he would “defend himself with facts.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Logan Paul hits back at claims that his CryptoZoo NFT game is a scamInternet personality Logan Paul blamed bad hiring choices for the lack of progress in the project’s development.
Read more »
Logan Paul threatens to sue Coffeezilla over CryptoZoo ‘scam’ allegationsBattle of the YouTubers. Logan Paul has threatened to sue Coffeezilla for defamation after the internet detective called his NFT project CryptoZoo a scam.
Read more »
Man shot and killed outside Dunkin' in Logan, no arrests madeThe victim was found face down near a car in the Dunkin' parking lot at Broad Street and Wyoming Avenue.
Read more »
Gearbox Acquires Company that Worked on Joker, Logan Movies and MoreBorderlands developer Gearbox Software has acquired a company that has done extensive work on [...]
Read more »
Police: Man dies after being shot multiple times in parking lot of Logan Dunkin'Police say officers found the man lying next to a Lincoln Towncar in the parking lot of a Dunkin' on North Broad Street with gunshot wounds to his torso, arms and head.
Read more »
Logan Square tenants stage rent strike after two weeks of failing heat'No heat? No rent': Tenants of an apartment building in Logan Square staged a rent strike after two weeks of failing heat.
Read more »