Logan Paul Sues YouTuber Over CryptoZoo

Logan Paul claims the films presented an inaccurate story and requests damages, interest, and legal costs totaling more than $75,000.

Logan Paul has sued YouTuber Stephen Findeisen, also known as Coffeezilla, for defamation following a string of videos the latter posted in 2022 regarding Logan Paul’s botched CryptoZoo NFT project.

According to the lawsuit, Findeisen “maliciously and repeatedly” made false claims alleging that Paul was behind a CryptoZoo scam.

Accusatory Untruths

The court records indicate:

Coffeezilla dubbed their three-part YouTube series on CryptoZoo “Logan Paul’s biggest scam,” and launched it in late 2022. Paul was accused in the videos of defrauding his fans by taking money from NFT holders and not delivering the promised product. Tens of millions of people watched the series, which soon acquired popularity and became some of Findeisen’s most well-liked content.

Paul counters that these movies presented an inaccurate picture. According to the lawsuit, Coffeezilla withheld material that would have shown Paul’s sincere dedication to the development of CryptoZoo. Findeisen was certain that CryptoZoo would be flawlessly performed before going live, as evidenced by his numerous internal communications and the knowledge that Paul did not profit from the initiative.

Paul also holds Eduardo “Eddie” Ibanez, whom he calls “a charlatan” for fabricating his credentials, and consultant Jake Greenbaum accountable for the project’s failure in the complaint, claiming that Greenbaum was “more interested in trying to personally profit than in helping to create a legitimate project.”

Logan Paul Requests Damages of More Than $75,000

Logan Paul requests more than $75,000 in damages, interest, legal costs, and any other compensation the court deems appropriate.

Paul had declared that he intended to sue Findeisen in late 2022 and devised a $1.5 million recovery plan for CryptoZoo. Nevertheless, he chose not to do it to concentrate on apologizing to the NFT holders. Despite this, Findeisen kept putting out films in 2023 and 2024, repeating the assertion that Paul was behind the scam that was CryptoZoo.

The lawsuit claims that after his efforts “failed to materialize,” he was “left disappointed” and spent $1 million between January and March to buy back the NFTs, even though he had “earned no money from the project whatsoever.”

The goal of the 2021-launched CryptoZoo project was to create a game where users could purchase NFT “eggs” with the ZOO token. Since then, the value of the ZOO token has drastically decreased to the point that it has little trading volume and a market capitalization of $0.