### Logan Paul Files Defamation Lawsuit Against Crypto Influencer ‘Coffeezilla’
**Ruholamin Haqshanas**
*Last updated: June 28, 2024, 03:54 EDT*
*2 min read*
Influencer Logan Paul has initiated a defamation lawsuit against Stephen Findeisen, known on YouTube as “Coffeezilla.” The lawsuit, lodged on June 27 in a San Antonio, Texas District Court, arises from videos Findeisen made about Paul’s unsuccessful CryptoZoo non-fungible token (NFT) project in 2022.
The suit claims Findeisen “maliciously and repeatedly published false statements accusing Paul of operating a scam connected to the problematic blockchain project CryptoZoo.” Paul seeks to hold Findeisen responsible for the considerable damage done to his reputation due to these allegedly defamatory statements.
**Coffeezilla Calls CryptoZoo “Logan Paul’s Biggest Scam”**
Starting in late 2022, Coffeezilla released three YouTube videos branding CryptoZoo as “Logan Paul’s biggest scam.” Findeisen accused Paul of deceiving his fans by holding onto the funds of NFT holders without delivering the promised project. However, Paul contends that Findeisen deliberately left out information that would show Paul’s genuine dedication to CryptoZoo’s success.
The lawsuit explains that Paul was misled by several trusted advisers who ultimately turned out to be conmen. “Findeisen knew full well that Paul had never set out to scam anybody, but rather had always intended to build a legitimate blockchain-based game.”
Paul attributes the project’s failures to Eduardo “Eddie” Ibanez, whom he describes as a fraud who lied about his credentials, and Jake Greenbaum, an adviser who prioritized personal profit over creating a genuine project.
Notably, Paul had initially considered legal action against Findeisen in 2022 but chose instead to rectify the situation by implementing a $1.5 million recovery plan for CryptoZoo. Unfortunately, his efforts did not produce the desired results.
**Paul Spent $1M to Repurchase NFTs**
The lawsuit reveals that Paul personally spent $1 million to repurchase the NFTs between January and March, despite not having made any profit from the project. In the lawsuit, Paul is seeking damages exceeding $75,000, along with interest, lawyer fees, and additional damages and relief to be determined by the court.
CryptoZoo, launched in 2021, was envisioned as a game where players could purchase NFT “eggs” using the project’s token, ZOO. These eggs would hatch into animals that could be bred to create hybrid creatures, which players could trade to earn more ZOO tokens based on their rarity. The ZOO token has seen a significant decline, with a market capitalization of zero and minimal trading volume of 1 cent in the past day, according to CoinMarketCap data.
More recently, Findeisen highlighted Rabbit AI’s alleged involvement in the NFT space. According to his findings, Rabbit AI was previously known as Cyber Manufacture Co. and raised $6 million for an NFT project named Gama. However, the company’s founder and CEO, Jesse Lyu, later distanced Rabbit AI from cryptocurrencies, stating they would “never touch crypto” in Discord statements.
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