Fun

Coffeezilla says ‘groundless’ Logan Paul lawsuit aims to ‘crush new investigations’

News Feed - 2024-08-06 09:08:39

Ezra Reguerra11 hours agoCoffeezilla says ‘groundless’ Logan Paul lawsuit aims to ‘crush new investigations’Coffeezilla believes the lawsuit aims to “crush new investigations while taking revenge for the old ones.”1315 Total views2 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTCOINTELEGRAPH IN YOUR SOCIAL FEEDFollow ourSubscribe onStephen Findeisen, more commonly known as “Coffeezilla” on YouTube, responded to internet celebrity Logan Paul’s lawsuit through a video and said that the “groundless” defamation lawsuit may be an attempt to silence another investigation.


On July 27, Paul sued Coffeezilla for defamation over videos about the YouTuber’s non-fungible token (NFT) project, CryptoZoo. The suit alleges that Findeisen published false statements accusing Paul of operating a scam.


On Aug. 5, Findeisen clarified that he is not bing sued over his original videos about the CryptoZoo projects. However, the internet detective said he is being sued over videos and an X post advocating for user refunds.Coffeezilla says Paul’s lawsuit is groundless


On Jan. 4, Paul shared a site that allows CryptoZoo NFT holders to get their money back through a $2.3-million buyback program. The celebrity said that he would repurchase the NFTs at their original price. However, Findeisen pointed out that there is an ulterior motive behind the move, as users need to waive their claims against Paul if they go through with the refund process.


Findeisen also believes that the refund process only addresses the NFTs and does not make users who purchased Zoo tokens whole. In the video, Findeisen reiterated that Paul only intends to pay back a small part of the losses while fighting off the other victims in court.


The internet detective also described the lawsuit as “groundless, meritless and frivolous.” Findeisen argued that for the lawsuit to be valid, Paul must have suffered financial losses or reputational damage. The online investigator alleges that Paul had already been accused of pump-and-dump schemes before publishing his investigation on the celebrity.


Related:YouTuber Logan Paul argues CryptoZoo ‘isn’t a scam’ in new documentarySilencing a new investigation


Because of these, Findeisen believes the lawsuit’s purpose is to silence any future investigations and take revenge on the previous ones. The investigator said that the lawsuit came as he requested comments from Paul regarding the celebrity’s involvement in the Liquid Marketplace saga.


On June 24, the Ontario Securities Commission in Canada accused the marketplace, which was co-founded by Paul, of being a “multi-layered fraud.”


“This defamation lawsuit feels frivolous even on the surface. But if you dig deeper, there’s an even more compelling story which I personally believe, where the goal is to crush new investigations while taking revenge for the old ones,” Findeisen explained.


Magazine:‘Treat your first NFT purchase like a first date’ — NFT Collector Suzanne# Blockchain# Law# YouTube# NFTAdd reaction

News Feed

Bitcoin Could Could Gain Momentum For A Move To $150,000 If Bulls Reclaim This Level – Details
Este artículo también está disponible en español. Bitcoin is currently trading at $90,800 after a strong 13% rebound from the $81,000 level, as bulls attempt to regain co
Bitcoin traders ignore Silk Road sale as BTC price bounces to $66.5K
William Suberg1 hour agoBitcoin traders ignore Silk Road sale as BTC price bounces to $66.5KBitcoin “bearish narratives” should not get in the way of the broader picture, analysis says.866 Total views26 Total sharesL
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. i
Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions
Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key InstitutionsWith sophisticated fraud schemes seemingly overwhelming the African crypto market, there is
Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Start the Weekend
Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Start the Weekend Following a recent string of declines, ETH continued to hover close to a six-week low to
Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 Million
Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 MillionTesla’s Elon Musk has said the company recently foiled attempts to infect its computer netwo
Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports
Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of
Do Kwon’s extradition case may be headed to Montenegro’s Supreme Court
Turner Wright4 hours agoDo Kwon’s extradition case may be headed to Montenegro’s Supreme CourtProsecutors in Montenegro suggested that the country’s Supreme Court could issue a verdict that would change an earlier
Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend
Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoi
Brayden Lindrea6 hours agoChatGPT-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiKCertiK’s security chief thinks inexperienced programmers using AI tools such as ChatGPT to write sm
China Scraps Plan to Categorize Bitcoin Mining as Industry to Be Eliminated
More than six months after the China National Development and Reform Commission proposed to categorize bitcoin mining as an industry to be phased out from the country, it appears the agency has now scrapped that plan.
Toncoin gains regulatory approval to trade in Kazakhstan
Vince Quill7 hours agoToncoin gains regulatory approval to trade in KazakhstanThe approval of Toncoin marks the 107th digital asset approved by the government regulator, as TON joins AVAX, MATIC, ADA and others.1076 Tota