Black_background_logo_BitcoinWorld-removebg-preview
Latest News

Logan Paul won’t refund CryptoZoo investors despite Coffeezilla pressure

According to an insider at Logan Paul’s camp, the social media influencer has reneged on his commitment to compensate investors of the collapsed CryptoZoo project. This development was relayed to Crypto Intelligence on Saturday, further exacerbating the fiasco that began when Coffeezilla, a crypto-focused YouTuber, criticized Paul and other leading figures in a video detailing the project’s failure late last December.

In his expose, Coffeezilla communicated with several aggrieved investors, who altogether suffered a multimillion-dollar loss due to the project’s disastrous outcome. After initially pointing fingers at senior advisors, Paul had pledged to reimburse some investors.

Regrettably, half a year has elapsed since Paul made this promise, and there has been no movement towards making these repayments. Furthermore, Paul has not provided any details on the current situation or how investors might claim compensation. His silence and inaction have attracted further scrutiny from Coffeezilla.

Coffeezilla divulged in a recent video that his messages to Paul regarding CryptoZoo were met with silence. Only Paul’s legal team has responded to inquiries, but even their replies offer no tangible resolution. Coffeezilla noted, “Paul hasn’t repaid his victims, hasn’t spoken about the issue since his initial promise, and worst of all, seems to lack a plan to refund anyone.”

An individual associated with both Paul and the defunct CryptoZoo venture confirmed to Crypto Intelligence News that Paul has revised his stance on compensating investors. The informant pointed out that Paul was dissatisfied with the feedback he received online after he disclosed his plan to refund investors out of his own pocket. He felt underappreciated for his gesture.

Despite attempts by Crypto Intelligence News to obtain a comment from Paul’s team, there has been no response at the time of publishing. The ongoing silence leaves the aggrieved investors with little hope for resolution or compensation.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.