Coffeezilla calls out AI firm Rabbit over NFT fraud

YouTube investigator Stephen Findison, known as “Cofizilla,” has accused artificial intelligence (AI) company Rabbit of orchestrating a virtual non-vulnerable token (NFT) scam and trying to cover it up.

On May 21, Fundison published a video on the Coffeezilla channel showing Rabbit AI's involvement in NFTs. The YouTube scammer revealed that the company was formerly known as Cyber ​​Manufacturing Company and raised $6 million for an NFT project called Gamma.

However, after a few years, the founder and CEO of Rabbit AI, Jesse Liu, drew a line between crypto and the new image of the company. Fundison highlighted Liu's Discord statements that the company “will never touch crypto.”

Cointelegraph has reached out to Rabbit for comment.

Liu explained that Gama was only involved in an “interesting little project” during the Covid-19 outbreak. Rabbit's founder wrote that he abandoned the project after their game became open source.

While Liu downplays Gamma as a small project, Fundison shows recordings of Liu explaining their grand vision for the NFT effort. In the footage, Gamma said they are throwing millions into the project to make sure it's a “next-level experience.” Liu said:

“NFTs are just the beginning. […] After NFTs, we have these huge ideas about the Gammaverse, and after that, we have these again, huge and important ideas about clean energy and the Gamma Coin.

Because of Liu's promises, Findison asked where the $6 million in funding for the Gamma project went. According to Kofizilla, the company said the funds were only used for the NFT project.

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However, Koffizila said the Rabbit should still be concerned because it was built on the remains of the Gamma Project. Fundison also highlighted that the company's production of the virus R1 has also been ramped up. he said:

“Many of Gamma's promises have not been fulfilled. This is related to R1 because not only is this project built on the skeleton of that scam project, but R1 is similarly overpowered.”

Besides Findeisen, others believe that the Rabbit R1 product is an “AI grift”. On January 14, WeGPT founder and CEO Josh Olin filed a lawsuit against X, claiming the Rabbit project was a “fraud.” Olin described the company's product as a quick money grab aimed at chasing investors.

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