Logan Paul is set to make his boxing comeback as he is scheduled to face MMA fighter Dillon Danis on Oct. 14 in Manchester, UK. Ever since he signed up for the fight, he has been brutally trolled by his opponent. The WWE star’s future wife, Nina Agdal, has been the major target, as Danis is using her past relationships to make fun of Logan.
The fight continues to damage the elder Paul brother’s reputation, as recently he wanted to bet $2 million on his fight with Danis with the latter’s longtime friend Conor McGregor. This angered his fans, who demanded that Logan use this enormous sum to pay back the people who lost their money in the CryptoZoo scam.
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Paul had previously apologized for the CryptoZoo situation and promised to pay back those who had suffered losses. However, till now, there have been no reports of him fulfilling his promise, and seeing Logan bet $2 million naturally angered many.
“Please pay back CryptoZoo, I lost my house, my job,” expressed a fan. Logan Paul initially invited Conor McGregor to bet $1 million but has recently doubled the amount. Bringing this to light, a fan wrote, “How bout instead of doubling it, he pays back the people from the CryptoZoo”.
During their press conference last week, Dillon Danis also questioned Logan about the same, and the YouTuber turned boxer replied that he was working on it. This confused many, as he was betting millions of dollars but had no money to pay off the ones who were scammed. “Bro has $2 million to bet but is still “working on” paying cryptozoo,”, commented an Instagram user.
What is the CryptoZoo scam, and why is Logan Paul in trouble for it?
Back in 2021, when NFTs and everything crypto-related was trending, Logan Paul introduced CryptoZoo, which was a play-to-earn gaming idea revolving around NFTs (Non-Fungible Tokens). Players had the opportunity to obtain a game-specific cryptocurrency, enabling them to procure eggs. Once acquired, these eggs could be used to reveal depictions of different animals. Through the fusion of distinct animals, players had the capacity to craft hybrid entities.
Logan Paul had promoted CryptoZoo in his podcast, ImPaulsive, and also advised his fans to invest in it. However, it was later exposed by popular YouTuber CoffeeZila. The latter created a trilogy of videos where he branded Paul’s NFT venture as a fraudulent scheme and tried to uncover its true nature by presenting several proofs and facts.
According to Coffeezilla’s video series, Paul made millions of dollars via his CryptoZoo ‘scam’, leading to massive backlash from even his supporters and, also the whole YouTube community.