- After backlash over his failed CryptoZoo NFT project, Logan Paul has finally launched a website for buyers to request refunds and filed a lawsuit against alleged bad actors.
- The project faced criticism in 2021 when critics said Paul used ripped-off images and didn’t deliver the promised game. He initially announced a $13 million refund program in 2023.
- Paul confirmed CryptoZoo will not be launching, seemingly ending the saga that has loomed over him for years. The refund program and lawsuit mark the latest developments.
After dealing with backlash and criticism over his failed CryptoZoo NFT project, Logan Paul has finally launched a website to allow buyers to request refunds for their purchases. The YouTube star is also filing a lawsuit against alleged bad actors who he says derailed the project.
Background on CryptoZoo Project
In August 2021, Logan Paul announced he was launching CryptoZoo, a crypto coin-based game where players could collect, breed, and trade animal hybrid NFTs. However, the project quickly faced backlash when critics accused Paul of using ripped-off Adobe stock images and failing to deliver the promised game.
Initial Refund Announcement and Public Feud
After an explosive public feud with investigative YouTuber Coffeezilla, Paul announced a $13 million refund program in January 2023 for those who invested in CryptoZoo.
Launch of Refund Website
On January 4, 2024, Paul announced the launch of a website where fans can submit forms to receive refunds for their Base Egg and Base Animal NFT purchases. The refund request form will be open through February 8.
Lawsuits Against “Bad Actors”
Paul also stated he is filing a lawsuit against alleged “bad actors” who he claims undermined the CryptoZoo project behind his back. He released the 25-page lawsuit publicly and said the legal action resulted from an exhaustive investigation into suspicious trading activity.
Confirmation CryptoZoo Not Launching
Paul confirmed CryptoZoo will not be launching, seemingly ending this saga that has loomed over him for years.
After endless controversy, it appears Logan Paul is attempting to make good on his promise to refund CryptoZoo investors. However, many fans remain skeptical of his motives and the future of the project still appears uncertain. This refund program and lawsuit mark the latest developments in the ongoing CryptoZoo drama.