The social media star from a family of them, has been scamming fans for years.
He spends a lot of money to try and keep it all suppressed, but the mainstream media is finally catching on and he doesn’t have any place to hide any longer.
People have lots a lot of money.
Logan Paul
Logan Paul under fire: Crypto scandals, lawsuits, and broken trust
Logan Paul’s crypto dealings are once again under scrutiny as fresh evidence suggests undisclosed financial gains from tokens he promoted to his millions of fans. According to a BBC investigation, anonymous crypto wallets linked to Paul reportedly made profits of over $120,000 after trades coinciding with his public endorsements of high-risk meme coins like Elongate and Dink Doink.
Paul has denied wrongdoing but faces a multi-million-dollar lawsuit over his failed crypto project CryptoZoo, which promised investors a profitable NFT-based game. Fans who bought in, including a young investor who lost over £33,000, say the platform failed to deliver on its promises.
The allegations of “insider-like trading” in CryptoZoo tokens have added to Paul’s mounting troubles. Lawyer Tom Kherkher claims leaked messages show Paul’s team planned to profit from a “stealth launch,” enabling them to buy at low prices and sell when values soared.
In an unexpected twist, Paul’s attempt to address the allegations devolved into a bizarre stunt involving a lookalike and a crowd hurling insults at BBC journalists. The antic left many questioning his accountability.
Paul’s popularity among his young audience remains substantial, but trust appears to be taking a hit.