It turns out Logan Paul is running a new alleged crypto scam called Liquid Marketplace, and Coffeezilla could be about to start investigating it
On top of that, Coffeezilla’s insurance company won’t fund his legal fees.
Now, we know what you’re thinking: This does nothing to advance humanity; it’s a net negative (except for lawyers, which also do nothing to advance humanity).
It could, however, expose Logan Paul as someone who is scamming millions of people.
Coffeezilla: Is Logan Paul Scamming Millions?
Filed on July 27, Logan Paul’s defamation suit against Stephen Findeisen, aka “Coffeezilla,” stems from Findeisen’s investigation into Paul’s NFT venture, CryptoZoo, which paints Paul as a scam artist.
Coffeezilla calls this new lawsuit against him “baseless,” suggesting it’s a ploy to derail another probe into Paul’s activities.
“This defamation lawsuit feels frivolous even on the surface. But if you dig deeper, there’s an even more compelling story which I personally believe, where the goal is to crush new investigations while taking revenge for the old ones,” said Coffeezilla.
Logan Paul’s CryptoZoo unraveled into a scandal, with investors alleging fraud over missing NFTs and tokens. The controversy snowballed into a class-action lawsuit. Chainalysis laid bare the gravity of the situation, noting scams like CryptoZoo contributed to a whopping $24.2 billion in crypto losses last year.
Paul’s counter was a $2.3 million buyback offer to placate NFT holders. Yet, Coffeezilla argued it wasn’t so straightforward, implying the refund comes with a caveat—users must waive all claims against Paul.
Coffeezilla’s Stand: Dismissing the Lawsuit and Seeking Truth
Coffeezilla suggested Logan Paul’s lawsuit might be a gag order aimed at halting his dive into Paul’s recent venture Liquid Marketplace. Launched in April 2022, this platform allows co-ownership of high-end collectibles through tokenization, with Paul front and center.
The Ontario Securities Commission’s recent accusation of the platform being a “multi-layered fraud” only added to the intrigue.
“The timing of this lawsuit seems suspect, especially when viewed alongside the ongoing investigation into Liquid Marketplace,” noted Coffeezilla.
Personally, I’ve always been waiting for someone to coffeezilla, Coffeezilla! What Skeletons does that guy have in his closet, I wonder?
But there’s no scammer more scammy than Logan Paul it seems. We’ll soon see if he has any soul left he hasn’t sold.
READ MORE: 16 Best Crypto ICOs in 2024 for 50x Returns