Logan Paul is dealing with criticism for allegedly providing solely 5 to 10 p.c compensation to victims of the supposed CryptoZoo rip-off, an NFT-based play-to-earn recreation he helped develop.
This data comes from YouTuber Kavos on X, who labeled Paul’s actions “an absolute disgrace.” Kavos claims Paul and his workforce tried to get the case dismissed beforehand and accused him of getting “completely no accountability or sympathy for his actions.”
The challenge, which was closely promoted by Paul, was accused of being a rip-off after many traders reported shedding cash. YouTuber Coffeezilla, recognized for exposing scams, introduced the allegations to mild in a three-part docuseries that went viral.
Paul was dismissive at first however finally owned as much as the allegations and shared plans to repay victims. Nonetheless, considerations in regards to the nature of these repayments have reignited discussions and backlash once more.
“This narrative will get worse and worse. It’s truly wonderful how low he can sink. Each time you assume, he can’t get any decrease. shock, he can,” mentioned one fan. “Genuinely baffling that with how a lot cash Logan has he’s nonetheless dodging this… like 100% he’s misplaced 10x greater than if he simply paid out with the hit to his repute,’ one other added.
Some traders declare losses of up to $500,000. If Kavos’ data is right, they’d solely get $25,000 to $50,000 again; a fraction of their authentic funding.
A number of followers did maintain again from criticizing him instantly. They had been skeptical of Kavos’s claims as a result of he didn’t specify his “dependable sources” within the video, and so have chosen to attend for clearer proof earlier than passing judgment.
Some are even calling on Coffeezilla to look into the matter once more.
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