In a heated clash between tech influencer Coffeezilla and YouTube celebrity Logan Paul, the battlefield is a defamation lawsuit revolving around Paul’s NFT project, CryptoZoo. Stephen Findeisen, widely recognized as Coffeezilla, has labeled the lawsuit “groundless” and accused Paul of attempting to quash ongoing investigations while retaliating against previous exposés.
Paul’s lawsuit, filed on July 27, alleges that Coffeezilla’s videos falsely portray CryptoZoo as a scam, causing reputational harm. Coffeezilla responded, emphasizing that the legal action seeks to intimidate him and silence further scrutiny, particularly relating to Paul’s alleged involvement in another contentious project, Liquid Marketplace.
The core of the dispute lies in CryptoZoo’s buyback program, where Paul offers refunds to NFT holders, albeit with a catch: users must waive any further claims against him. Coffeezilla argues this move addresses only a fraction of the losses and is a strategic effort to mitigate backlash while ignoring those who invested in Zoo tokens.
Coffeezilla maintains that for the lawsuit to be credible, Paul must demonstrate actual financial or reputational damages, which he contests are unsubstantiated given Paul’s prior allegations of similar schemes. The internet investigator sees this legal maneuver as an attempt to forestall any new investigations into Paul’s activities.
This legal drama underscores the volatile intersection of influencer culture and the burgeoning world of blockchain and NFTs, highlighting the risks and complexities investors face in this rapidly evolving landscape.
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