Investors in Logan Paul's troubled NFT game project CryptoZoo are reportedly still waiting for specific details about the 1000 Ether (ETH) rebate (worth $1.93 million at current prices) that was promised in January.
In a YouTube video aware On June 30, "Internet sleuth" Coffezilla, the person who initially brought the project's problems to light in December 2022, claimed that Paul's communication with the CryptoZoo community has been cut off in recent months:
โIt's been six months, so here's a follow up. Logan Paul hasn't paid his victims, he hasn't talked about it since he first announced that he would pay them back. And what is worse of all, he does not seem to have a plan to reimburse anyone โ.
"How do I know that? Well, because I've been asking Logan for that plan to reimburse people, all the time, behind the scenes," he added.
CryptoZoo launched in September 2021, intended to be an NFT breeding game offering opportunities to earn ZOO and NFT tokens, featuring Paul himself. describing as a "really fun game that makes you money".
However, with lackluster NFT artwork apparently being pulled from Adobe Stock images, crashing NFT and ZOO token prices, and an apparent failure to deliver the roadmap, investors were left feeling unhappy. at the end of 2022.
after facing strong community reaction following the Coffezilla exposรฉ video series on CryptoZoo, Paul finally announced a plan to repay investors on January 14, while pledging to stick to the project's roadmap.
However, this did not stop CryptoZoo and Paul from being slapped with a class action lawsuit lawsuit the following month.
My 3-step plan for CryptoZoo, including a $1.3 million bounty program for disappointed players.
Thank you, @coffeebreak_YT pic.twitter.com/xFX017UHoc
โLogan Paul (@LoganPaul) January 13, 2023
In the latest Coffeezilla video, he shared screenshots of email communications with Paul's lawyer, Jeffrey Neiman of the MNR law firm, which seem to suggest that no concrete plan has yet been set.
โWe represent Logan Paul. Mr. Paul has informed us of his disclosure of the status of the CryptoZoo egg buyback. Mr. Paul remains committed to this process. We are working with Mr. Paul to assess how best to achieve this goal,โ the email said.
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Coffezilla went on to raise issues with this statement, as he highlighted the simplicity of paying blockchain developers to quickly write the code for the refund process, while also stating that Paul is clearly rich enough for investors to be complete. .
โSo you're still on the board? Guys, this is an affirmation you say when you don't have a plan or are getting stuck. [...] I mean that's where Logan was in January, he was evaluating."
"Am I supposed to believe that six months later you guys haven't figured this out?" she added.
Logan Paul really is the type of guy who thanks you when you expose his scam, then blocks you when you remind him to pay up. pic.twitter.com/wI1o3ilD5S
โCoffeezilla (@coffeebreak_YT) June 30, 2023
At the time of writing, Paul has yet to post a response on YouTube or Twitter.
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