TikToker Zias Sued by Crypto Influencer for Defamation Over Viral Video

Monday 31st of March 2025 20:59:45

LOGAN PAUL SUED BY COFFEEZILLA OVER FAILED INVESTMENT IN CRYPTOZOO

YouTuber Logan Paul is facing a lawsuit from Coffeezilla, a popular crypto-influencer, over a failed investment in CryptoZoo, a now-defunct cryptocurrency company.

According to court documents, Paul invested an undisclosed amount of money in CryptoZoo in 2020, but the investment went sour when the company's token, ZOO, plummeted in value. Paul is accused of promoting CryptoZoo on his social media channels without disclosing the financial stake he had in the company.

Coffeezilla, whose real name is Jordan Felizco, claims that Paul's promotion of CryptoZoo led to a surge in interest and investment in the company, which ultimately led to the loss of thousands of dollars in value for investors. Felizco is seeking damages for Paul's alleged breach of fiduciary duty and negligence.

The lawsuit alleges that Paul failed to disclose his financial stake in CryptoZoo to his followers, and instead presented himself as an impartial observer, touting the company's potential and urging his fans to invest in the token.

Paul's representatives have not commented on the lawsuit, but a source close to the matter told Decrypt that the YouTuber is "disappointed" by the allegations and plans to "vigorously defend" himself against the claims.

This is not the first time Paul has faced controversy over his involvement in the cryptocurrency space. In 2020, he was accused of promoting a pump-and-dump scheme for a cryptocurrency called Hideaways, which ultimately led to the loss of thousands of dollars in value for investors.

The lawsuit against Paul is the latest in a string of legal actions taken against crypto-influencers who have been accused of promoting failed or fraudulent investment opportunities. As the cryptocurrency market continues to grow and evolve, regulators and investors are increasingly scrutinizing the activities of these influencers to ensure that they are not taking advantage of unsuspecting investors.