It probably doesn't come as a surprise that his project has turned out to be a scam given his checkered past on the internet. Coffeezilla said that some investors lost up to $500,000. There is an allegation of nonpayment of coders that has halted the development of the site.
When the short video platform shut down, the twenty-seven-year-old Paul transitioned from posting sketches on vine to fighting in the wrestling industry. Paul announced his NFT project on his YouTube show.
It's so enjoyable. Paul said that his game is going to make some waves because it provides a yield with a token, it can earn you money, and it knows what people want.
Paul has around 28 million subscribers on his main channel on YouTube and another 24.6 million on his social media accounts. He needed the audience tohype around a new collection of NFTs
Fans of Paul can buy an NFT of an egg, which will hatch into an animal that is assigned a level of rarity. The animals can be bred to produce more eggs that hatch hybrid animals. The more rare the animal, the moreZOO token it will yield.
Paul promised fans that they would be able to play games with their animals. Most of the goals have not been accomplished.
Coffeezilla released a three-part video series at the end of December about his research into what went wrong with the company. The project had multiple conmen working on it.
The manager of Paul's has been reached out to by the website.
The developer of the code is holding the code hostage because he claims that Paul never paid him. Paul claimed that Z is actually a convicted felon.
I am aware of what you're thinking. What type of person would work with a bad guy? In his video, Paul said something. He blames Eddie for this hire. The team that I relied on to vet and manage Eddie's hiring process has turned out to be a professional con man.
The scammy past is old. Billy Penn reported on an investigation into the tech founder's past.
The Mormon church was one of the clients that Ibanez shared sensitive data about with. He claimed on his website that he had worked with the CIA and two football teams, as well as the Philadelphia Eagles, who won the Super Bowl. Billy Penn reported that Ibanez never met with anyone from the Eagles until after the Super Bowl, and that he did have some meetings with the team. Billy Penn was told that he was never a student at MIT.
Zenabi received over one million dollars from the federal government. The landlord sued for $118,000 in back rent. Billy Penn talked to a former Zenabi employee who said that Zenabi is being investigated by the FBI.
Paul worked with Ibanez until July 2022.
In July of 2021, Paul was accused of promoting a fake coin called Dink Doink, which lost all of its value in a single day.
KimKardashian faced consequences for her promotion ofcryptocurrencies to her followers without proper disclosures. The SEC paid over a million dollars to the reality TV star. She should have disclosed that she was paid $250,000 for the promotion, according to the SEC.
Do you know what the future holds for CryptoZoo? There was nothing until Logan Paul got that code back from the man who fled to Switzerland. Paul ended his video with a promotional screen, stating that there is a new movie coming out in the next couple of years.
What to expect from the creator economy in 2023
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