Crypto King Accuses Logan Paul of Shady Zoo Token Launch
This article is a summary of a YouTube video "Ending Logan Paul's Biggest Scam" by Coffeezilla
TLDR Crypto King's suspicious activity and accusations against Logan Paul suggest a shady launch of Zoo tokens, with Crypto King making $6M from a project he invested only $200K in, while others from the founders did not sell and Logan Paul surprisingly did not sell.
Impact on Investors and Community
Logan Paul was accused of being a scammer by Crypto King, sparking controversy and raising questions about his credibility.
Jake, a founder of Crypto Zoo, claims that over 200 wallets, including his own, were blacklisted and had billions of Zoo tokens confiscated without any communication or explanation.
Logan Paul's alleged involvement in a scam and betrayal of his community has sparked controversy and accusations of stealing millions of dollars.
Logan Paul portrays himself as a victim, despite admitting that he may have made close to the full $6 million, showcasing his ability to perform mental gymnastics and manipulate the narrative.
The investors in the crypto project not only lost millions of dollars, but they also didn't receive the core product they had bought, highlighting the failure of the team to deliver on their promises.
The individuals involved in the scam are avoiding accountability and refusing to refund the victims, showing a lack of integrity.
The loss of money in the Logan Paul scam not only affected individuals financially, but also shattered dreams and beliefs of children who looked up to him as a role model.
It is inhumane to market a game to kids knowing the negative consequences it can have.
Financial Manipulation and Scam Tactics
The motivation behind the creation of crypto Zoo was primarily driven by the desire for financial gain, with one member estimating its worth to be between $20 million to $210 million in just six months.
The team behind the coin tried to find a loophole by stealth launching the token and silently buying up the supply at a discount before announcing it, potentially making a significant profit.
Logan Paul made six million dollars by selling blacklisted tokens, despite the project being a scam.
The speaker suggests that Logan Paul's project was a scam, as people continued to invest in it even when it was clear that it was failing.