- Logan Paul has told his side of the story on CryptoZoo.
- The internet celebrity spoke in a new documentary.
- Paul said he would โtake careโ of the people who made the project look like a scam.
While featuring in a new documentary by journalist Graham Bensinger, YouTuber Logan Paul once again defended his failed CryptoZoo project, saying it โisnโt a scam.โ
Paulโs rocky escapade with his defunct NFT-based game started last year when blockchain detective Coffeezilla created a multi-part video expose titled Investigating CryptoZoo. In the expose, Coffeezilla chronicles the project’s rise and ultimate fall, presenting evidence that Paul and his team might have conducted their โbiggest scam.โ
Sponsored
While Paul seemingly took accountability, pledging a $2.3 million buyback plan on January 4 to compensate for losses endured by NFT traders, the controversial internet star had another story to tell.
Paulโs Side of the Story on CryptoZoo
Titled 5 Months with Logan Paul, the 54-minute documentary tackles various allegations levied against the internet star. Bensinger stresses how the failed CryptoZoo project โled people to lose money.โ
Without dismissing the fact that people lost money, Paul argued that the project was not a scam.
โEverything you just said has an element of truth to it. Hereโs the problem. What you just described isnโt a scam. I took on a project that I was simply incapable of handling at the time,โ Paul stated. โIโve lost half a million dollars on this. Where is the scam?โ
Paul stated that the CryptoZoo saga โis far from over because it was a one-sided storyโ and that he would โtake careโ of the people who made it look like a scam he engineered.
โHe [Coffeezilla] told it how he wanted to tell it and told it a certain way that made me look like the captain of the ship.โ Paul said.
Besides countering the scam allegations, Paul implied that he was a victim of CryptoZoo, too, claiming the projectโs predicaments led him to โhaving suicidal thoughts for the first timeโ in his life.
Stay updated on QuadrigaCX co-founder Michael Patrynโs woes in Canada:
QuadrigaCX Co-founder Faces โUnexplained Wealthโ Case in Canada
Read about the effect of Coinbaseโs loss to SEC in court: