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Treinding

Logan Paul Offers Only 5-10% Compensation to CryptoZoo Scam Victims, Facing Backlash

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Logan Paul is facing severe criticism for allegedly providing a mere five to ten percent compensation to victims of the supposed CryptoZoo scam, an NFT-based play-to-earn game he helped develop. YouTuber Kavos on X has labeled Paul’s actions as “an absolute disgrace,” accusing him of lacking accountability and sympathy for his actions. Paul and his team reportedly attempted to dismiss the case beforehand.

The project, heavily promoted by Paul, faced accusations of being a scam after numerous investors reported financial losses. Coffeezilla, a YouTuber known for exposing scams, brought these allegations to light in a viral three-part docuseries.

Initially dismissive, Paul eventually acknowledged the allegations and expressed plans to repay the victims. However, concerns have arisen regarding the nature of these repayments, reigniting discussions and backlash.

According to Kavos, Paul’s best offer was a meager 5-10% of the losses suffered by the CryptoZoo victims. This revelation has further fueled the outrage among investors, with some claiming losses of up to $500,000. If Kavos’s information is accurate, victims would only receive $25,000 to $50,000, a fraction of their initial investment.

Many fans are appalled by Paul’s actions, expressing disbelief at how low he can sink and criticizing his lack of accountability. Some argue that considering Paul’s substantial wealth, he should have promptly addressed the issue rather than attempting to evade responsibility.

While some fans remain skeptical of Kavos’s claims due to the lack of specific sources, others are calling for Coffeezilla to investigate the matter once again.

Time Score
October 7, 2023 N/A

About the author

Source: DOTESPORTS

 

About Sarah Johnson

Sarah Johnson

With a degree in journalism and a passion for dogs, Sarah is the perfect fit for the role of content creator. She spends her days researching and writing about various dog-related topics, from training and health to breed-specific quirks and everything in between.

 

 

 

 

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