American Influencer Logan Paul Files Defamation Suit against YouTuber Coffeezilla over CryptoZoo Project Coverage

American influencer Logan Paul has filed a defamation suit against Coffeezilla, real name Stephen Findeisen, a YouTuber covering various scams on his channel.

American influencer Logan Paul has filed a defamation suit against Coffeezilla, whose real name is Stephen Findeisen. Coffeezilla is a YouTuber who covers various scams on his channel and made a series of videos in 2022 highlighting Logan’s failed CryptoZoo project.

The project, which was supposed to incorporate cryptocurrencies, NFTs, and other on-chain elements, saw many of its investors lose their investments. NFTs for the game were sold to investors by Logan, who claimed they would find utility in CryptoZoo. However, the game’s development was abandoned, and the NFTs’ prices dropped drastically along with the project’s native ZOO tokens. ZOO was the project’s utility token, and users could buy animal-themed NFTs in the game with it. Despite voicing their concerns, CryptoZoo’s investors did not receive any resolutions.

Coffeezilla’s three-part video series on the situation garnered millions of views, leading to large swaths of people calling out Logan for ignoring CryptoZoo’s investors. His coverage of the topic also got a response from Logan, who claimed that the developers and advisors for this project were motivated by self-profits and abandoned the project abruptly after receiving funds. Moreover, Logan mentioned that his involvement in the project was minimal.

Nevertheless, Coffeezilla’s exposé on the issue pushed Logan to announce a $1.5 million recovery plan that never materialized. Months later, he set up a $1 million buyback program through which he would refund CryptoZoo NFT holders. But those accepting money from this program would have to relinquish their rights to sue Logan for the CryptoZoo fiasco, among other conditions. He also added that he made no revenue from the incomplete development of the game and token sales.

Now, he claims that CryptoZilla’s videos defamed him by omitting essential information in his content that made it seem like Logan was not committed to rectifying the situation. The suit read, “Paul brings this defamation suit to hold Findeisen accountable for his actions and to hold him liable for the immense harm that he has caused to Paul’s reputation through the intentional and reckless dissemination of defamatory falsehoods.”

It was filed in a District Court in San Antonio, Texas, and demands CryptoZilla cover Logan’s reputational damages by paying “an excess of $75,000, as well as interest, reasonable attorneys’ fees, and costs, as allowed by law.” Logan claimed that he planned to sue CryptoZilla in 2022 but did not do so because he was focusing on rectifying the situation instead.

The above is the detailed content of American Influencer Logan Paul Files Defamation Suit against YouTuber Coffeezilla over CryptoZoo Project Coverage. For more information, please follow other related articles on the PHP Chinese website!