Stephen Findeisen, popularly known as “Coffeezilla” on YouTube, has accused artificial intelligence company Rabbit AI of orchestrating a nonfungible token (NFT) scam and attempting to cover it up.
Findeisen, a prominent investigator on the video-sharing platform, recently released a video on the Coffeezilla channel, shedding light on Rabbit AI’s alleged involvement in the NFT space.
According to Findeisen’s findings, Rabbit AI was previously known as Cyber Manufacture Co. and managed to raise $6 million for an NFT project named Gama.
However, the company’s founder and CEO, Jesse Lyu, later distanced Rabbit AI from the world of cryptocurrencies, stating that they would “never touch crypto” in Discord statements.
Lyu claimed that Gama was merely a “fun little project” he participated in during the COVID-19 pandemic and that he left the project once the associated game was open-sourced.
Contradicting Lyu’s claims, Findeisen presented recordings in which Lyu discussed ambitious plans for the Gama project.
In those recordings, Lyu expressed intentions of investing millions into Gama to create a groundbreaking NFT experience.
He also mentioned future plans for a concept called Gamaverse and the potential for a clean energy initiative in relation to Gama Coin.
Findeisen raised concerns about the $6 million funding raised for the Gama project, questioning where the money had been allocated.
Rabbit went viral at the beginning of this year, raising $30m in venture capital and selling $20m in consumer products.
But most people don't know that the company Rabbit Inc used to be called Cyber Manufacture Co, and raised $6 million for an NFT project. This project was WILD pic.twitter.com/1aQXTSVysu
— Coffeezilla (@coffeebreak_YT) May 21, 2024
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