Bitcoin

Read

Drake

<ul>
 <li>Logan Paul sued Coffeezilla for defamation over videos about Paul's NFT project, CryptoZoo, alleging false scam accusations.</li>  
 <li>Coffeezilla claims Paul’s lawsuit aims to suppress new investigations and retaliate against previous ones, calling it groundless.</li>  
 <li>The Ontario Securities Commission accused Liquid Marketplace, co-founded by Paul, of being a "multi-layered fraud."</li> 
</ul>  
<p>Logan Paul has sued internet investigator Stephen Findeisen, also known as Coffeezilla, for defamation over videos about <a href="https://cryptonewsland.com/logan-paul-unknowingly-hired-crooks-for-cryptozoo/" target="_blank" rel="noopener noreferrer nofollow">Paul's NFT project</a>, CryptoZoo. On July 27, Paul filed a lawsuit alleging Findeisen made false statements about Paul running a scam. In response, Findeisen posted a video disputing the lawsuit, claiming it was an attempt to silence further investigations.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/coffeebreak_YT/status/1820513782050730327
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-coffeezilla-says-paul-s-lawsuit-is-groundless"><strong>Coffeezilla says Paul’s lawsuit is groundless</strong></h2>  
<p>On August 5, Findeisen clarified that the lawsuit is not about his initial CryptoZoo videos. Instead, it emphasizes his support for user refunds in subsequent videos and a post on X. On January 4, Paul announced a $2.3 million buyback program for CryptoZoo NFT holders, which allowed them to repurchase the NFTs at their original price. To participate in the refund process, users must waive any claims they may have against Paul.&nbsp;</p>  
<p>Findeisen criticized the move, claiming it only benefits a small number of those affected and fails to compensate users who purchased Zoo tokens.</p>  
<h2 class="wp-block-heading" id="h-silencing-a-new-investigation"><strong>Silencing a new investigation</strong></h2>  
<p>Findeisen also argued that Paul's lawsuit is without merit, claiming that it seeks to suppress new investigations while seeking retribution for previous ones. For the lawsuit to be successful, Paul must demonstrate financial losses or reputational damage. Findeisen <a href="https://www.youtube.com/watch?v=ogtrkO1iqFU&amp;t=1s" target="_blank" rel="noopener noreferrer nofollow">pointed out</a> that Paul had already been accused of pump-and-dump schemes prior to the CryptoZoo investigation, undermining the lawsuit's credibility. The timing of the lawsuit is also noteworthy, as it coincides with Findeisen's request for information from Paul regarding his involvement in the Liquid Marketplace saga.</p>  
<p>On June 24, the Ontario Securities Commission in Canada accused Paul's Liquid Marketplace of "multi-layered fraud." This development adds another layer to the ongoing legal and ethical concerns about Paul's business ventures. According to Findeisen's statements, Paul's lawsuit may be a strategic move to avoid further scrutiny of his activities.</p>  
<p>Paul's legal challenge to Findeisen could set a precedent for future handling of similar cases. This case emphasizes the delicate balance between free speech and defamation protections.&nbsp;</p>  
<h4 class="wp-block-heading" id="h-read-also">Read Also:</h4>  
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/ripple-cto-speaks-out-against-logan-paul-in-crypto-legal-dispute/" rel="noopener noreferrer nofollow">Ripple CTO Speaks Out Against Logan Paul in Crypto Legal Dispute</a></li>  
 <li><a href="https://cryptonewsland.com/logan-paul-unknowingly-hired-crooks-for-cryptozoo/" rel="noopener noreferrer nofollow">Logan Paul Unknowingly Hired Crooks for CryptoZoo</a></li>  
 <li><a href="https://cryptonewsland.com/class-action-lawsuit-filed-against-logan-paul/" rel="noopener noreferrer nofollow">Class Action Lawsuit Filed Against Logan Paul</a></li>  
 <li><a href="https://cryptonewsland.com/btc-to-hit-110k-by-the-end-of-2024-ari-paul-predicts/" rel="noopener noreferrer nofollow">BTC to Hit $110k by the End of 2024: Ari Paul Predicts</a></li>  
 <li><a href="https://cryptonewsland.com/drake-loses-400k-bitcoin-on-jake-pauls-bout/" rel="noopener noreferrer nofollow">Drake Loses $400K Bitcoin on Jake Paul's Bout</a></li> 
</ul> 
<p>The post <a href="https://cryptonewsland.com/coffeezilla-strikes-back-the-fight-for-cryptozoo-victims-justice/" rel="noopener noreferrer nofollow">Coffeezilla Strikes Back The Fight for CryptoZoo Victims’ Justice</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Coffeezilla Strikes Back The Fight for CryptoZoo Victims’ Justice

Table of Contents

Crypto News Land

Other articles published on Aug 6, 2024

Core Scientific Mines 411 Bitcoins and Plans Tech Overhaul with New ASIC Chips

US trade restrictions may affect China’s AI progress and Samsung’s revenue

Breaking: Iran-Backed Hezbollah Attacks Northern Israel, Brace For Market Impact

Binance Publishes 21st Proof of Reserves: Here Are the Altcoins the Exchange Holds and Their Amounts

Icebreaker Secures $5M Seed Funding to Build Blockchain Alternative to LinkedIn

$510B crypto sell-off wipes 2024 gains for top 50 coins

Join our free newsletter for daily crypto updates!