Logan Paul Faces Lawsuit Over Alleged CryptoZoo 'rug pull'
A new class action lawsuit has been filed against CryptoZoo and Logan Paul for allegedly stealing millions worth of cryptocurrency through a “fraudulent venture.” The plaintiff, Don Holland, contended that Paul and executives at CryptoZoo executed a ‘rug pull’. The official filing detailed that the team allegedly promised NFT purchasers a host of benefits, including access to cryptocurrency assets. Other incentives included rewards and access to an online ecosystem to use and market CryptoZoo NFTs. However, the team ended up turning their back on the project and retained funds, the filing noted. We have officially filed a class action lawsuit in the Western District of Texas against Logan Paul et al. for the CryptoZoo fiasco. (This is in addition to the numerous cases heading to arbitration on the matter.) pic.twitter.com/BIC5v63TGZ — AttorneyTom (@attorney_tom) February 2, 2023 Also Read: Here’s How Logan Paul ’s Crypto Dreams C...