Logan Paul Files Defamation Lawsuit Against Crypto Influencer ‘Coffeezilla’
Influencer Logan Paul has taken legal action by filing a defamation lawsuit against Stephen Findeisen, known as “Coffeezilla” on YouTube.
The lawsuit, filed on June 27 in a San Antonio, Texas District Court, stems from videos Findeisen produced about Paul’s failed CryptoZoo non-fungible token (NFT) project in 2022.
The lawsuit alleges that Findeisen “maliciously and repeatedly published false statements accusing Paul of operating a scam in connection with a troubled blockchain project called CryptoZoo.”
Paul seeks to hold Findeisen accountable for his actions and the significant damage caused to his reputation through the intentional spread of defamatory falsehoods, as stated in the court filing.
Beginning in late 2022, Coffeezilla released three YouTube videos labeling CryptoZoo as “Logan Paul’s biggest scam.”
Findeisen accused Paul of defrauding his fans by withholding the funds of NFT holders without delivering the promised project.
However, Paul claims that Findeisen intentionally omitted information that demonstrated Paul’s genuine commitment to CryptoZoo’s success.
The filing explains that Paul was deceived by several trusted advisers who ultimately turned out to be conmen.
“Findeisen knew full well that Paul had never set out to scam anybody, but to the contrary had always intended to build a legitimate blockchain-based game.”
Paul attributes the project’s failures to Eduardo “Eddie” Ibanez, whom he describes as a charlatan who lied about his credentials, and Jake Greenbaum, an adviser who prioritized personal profit over creating a legitimate project.
Notably, Paul had initially considered legal action against Findeisen in 2022 but decided to focus on rectifying the situation by implementing a $1.5 million recovery plan
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