CryptoZoo NFT Buyers Still Waiting for Refunds Six Months Later

Picture Supply: YouTube / Coffeezilla

Standard YouTuber and influencer Logan Paul has come beneath hearth but once more after he did not refund CryptoZoo NFT consumers six months after promising to take action. 

In a latest YouTube video, crypto journalist and on-line detective Stephen Findeisen, higher often known as Coffeezilla, stated Paul has not paid again the victims of his “rip-off” challenge CryptoZoo thus far. 

“Paul has not paid again his victims. He hasn’t talked about it since he first introduced he was going to pay them again. And what’s worst of all, he does not appear to have a plan in place to refund anybody.”

Coffeezilla talked about that he has been continuously asking Paul for an replace concerning the refunds however has not acquired any replies. 

He famous that he ultimately bought a response from Paul’s prison protection lawyer who stated the group remains to be working to “consider one of the simplest ways to attain this objective.”

The crypto detective stated that the response from Paul’s prison protection lawyer was “worse than” what he anticipated because it lacked each a timeline for refunds and a plan. 

“It is a assertion you say when you haven’t any plan or you’re stalling,” he stated. 

“Simply please pay the folks again what you owe, give them an actual timeline, an actual plan, after which we are able to all return to pretending you’ve got modified.”

The Logan Paul-Coffeezilla Cryptozoo Controversy Defined

CryptoZoo was launched in September 2021 with a lot fanfare, with Paul himself being one of many founders of the challenge. 

Previous to its launch, Paul touted the sport as distinctive and revolutionary within the crypto house, promising followers the chance to generate profits whereas enjoying. 

The sport utilized its personal cryptocurrency known as ZooCoin, with consumers in a position to buy “eggs” that will hatch into randomized animals with totally different rarities. 

These animals might then be bred to create cross-bred creatures that will act as NFTs. The NFTs could possibly be held or burned to earn extra ZooCoin, purportedly offering consumers with vital returns on their investments.

Nonetheless, in a three-part collection of movies uploaded on the finish of 2021, Coffeezilla alleged that CryptoZoo had been largely deserted shortly after its launch. 

He claimed that Paul distanced himself from the challenge, regardless of the intensive pre-release consideration he had given it. 

The YouTuber additionally highlighted the experiences of consumers who had been followers of Paul, stating that many core options of CryptoZoo, similar to hatching eggs, had been unavailable to sure customers, inflicting them to lose a whole lot of hundreds of {dollars}.

One of many key controversies uncovered by Coffeezilla was the involvement of high-ranking people behind the scenes of CryptoZoo.

In response to the investigator, these people made hundreds of thousands of {dollars} from ZooCoin, inflicting the devaluation of the coin.

In response to Coffeezilla’s allegations, Paul launched a video blaming the co-founders and advisors of CryptoZoo for any wrongdoing and sensationalizing the story. He even threatened to sue Coffeezilla. 

Nonetheless, Paul later retracted his feedback and issued an apology, acknowledging that his preliminary response was brash and didn’t deal with the true points at hand.

He additionally pledged to refund the victims, a promise he has but to meet. 

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