Logan Paul filed a defamation lawsuit in opposition to YouTuber Stephen Findeisen, aka Coffeezilla, over a collection of movies he posted in 2022 concerning the former’s failed CryptoZoo NFT mission.
The lawsuit alleges that Fenderson “maliciously and repeatedly” made false statements accusing Paul of committing fraud by way of the CryptoZoo group.
“defamatory lies”
courtroom document “Paul filed a defamation lawsuit to carry Fenderson accountable for his actions and to carry him accountable for the substantial hurt induced to Paul’s repute by knowingly and recklessly spreading defamatory lies,” the assertion mentioned.
Late 2022, Coffeeezilla freed A 3-part YouTube collection on CryptoZoo calls it “Logan Paul’s Largest Rip-off.” The movies claimed that Paul was defrauding his followers by charging NFT holders cash with out delivering the promised objects. The collection rapidly gained traction, racking up tens of thousands and thousands of views and turning into one among Fenderson’s hottest items of content material.
Nevertheless, Paul believes these movies paint a deceptive narrative. The lawsuit alleges that Coffeezilla omitted key data that demonstrated Paul’s honest dedication to CryptoZoo’s success. Findeisen knew that Paul had not profited from the mission, and there have been quite a few inside sources indicating that he was decided to execute CryptoZoo completely earlier than its public launch.
“Fenderson was very clear that Paul by no means supposed to deceive anybody, however as an alternative all the time supposed to construct a reliable blockchain-based recreation,” the doc states.
Within the lawsuit, Paul additionally blames Eduardo “Eddie” Ibanez and Jake Greenbaum for the mission’s failure.
Logan Paul seeks greater than $75,000 in damages
Logan Paul is looking for damages in extra of $75,000, plus curiosity, lawyer’s charges and extra aid as decided by the courtroom.
Paul had beforehand declare $1.5M restoration plan for CryptoZoo and issues sue Findeisen made the request on the finish of 2022. Nonetheless, Fenderson continued to launch movies all through 2023 and 2024 reiterating that CryptoZoo was a rip-off organized by Paul.
In response to the lawsuit, he subsequently grew to become “dissatisfied” when his efforts “didn’t materialize” and spent $1 million between January and March to purchase again NFTs, although he “didn’t earn something from the mission.” cash”. “
CryptoZoo is deliberate to be launched in 2021 and goals to be a recreation the place gamers can use ZOO tokens to buy NFT “eggs”. Since then, the ZOO token has plummeted and is now successfully nugatory, with a market cap of zero and minimal buying and selling quantity.
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