Logan Paul sued Coffeezilla for defamation of CryptoZoo videos
Influential Logan Paul On June 27, Stephen Findison, known on YouTube as “Cofizilla,” filed a defamation lawsuit against Paul in 2022 over videos he made about the failed CryptoZoo non-fungible token (NFT) project.
The lawsuit, filed in San Antonio, Texas district court, alleges that Findeisen “maliciously and repeatedly [published] False statements accusing Paul of fraud in connection with a blockchain project called Cryptozoo.
“Paul brought this defamation action to hold Findison responsible for its actions and for the substantial damage it caused to Paul's reputation by willfully and recklessly spreading defamatory falsehoods,” the filing states.
In the year Since late 2022, Cofizilla has released three YouTube videos on CryptoZoo, calling it “Logan Paul's biggest scam” — and accusing the influencer of defrauding backers by holding onto NFT holders' money without delivering the rest of the promised project.
But Paul Cofizilla has said that he intentionally left out information in the videos, saying that Paul was “very committed” to CryptoZoo's success, but that “many of the project's trusted advisors were misled.”
Fundison Paul knew very well that he intended to cheat anyone, but on the contrary, he always intended to build a legitimate blockchain-based game.
Paul instead placed the blame for the project on Eduardo “Eddie” Ibanez, who “became a charlatan” who falsified his testimony and said a consultant named Jake Greenbaum was “more interested in trying to make a personal profit.” Helped create a legitimate project.
Cointelegraph contacted Ebanz and Greenbaum for comment. Findison could not immediately be reached for comment.
Logan Paul has dropped the defamation threat he once made against Cofizilla.
Paul said he intended to sue Fundison in late 2022, but later called off a $1.5 million recovery plan for CryptoZoo to focus on “trying to fix things.”
He later became “disappointed” that his efforts “failed to succeed” and that he spent $1 million to buy back NFTs between January and March, despite “not making any money from the project,” the lawsuit said.
Paul is seeking more than $75,000 plus interest and attorney's fees, as well as additional damages and relief as determined by the court.
Related: YouTuber Logan Paul Argues CryptoZoo Is ‘Not a Scam' in New Documentary
CryptoZoo was first released in 2021, where players can purchase NFT “eggs” using the game's token Zoo. The eggs “hatch” into breedable animals to create hybrid animals that can be sold and earn players more ZOO Tokens based on their rarity.
According to CoinMarketCap, the ZOO token has effectively decreased by 100%, with a market capitalization of zero and 1 cent in the previous day.
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