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A class action lawsuit was filed today against Logan Paul and associates for their role in CryptoZoo

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by COINS NEWS 141 Views

It's a 26-page document. The highlights:

  • Lawsuit filed on 2/2/2023 in the Western District of Texas

  • The defendants are Logan Paul, Danielle Strobel, Jeffrey Levin, Eduardo Ibanez, Crypto King, and Ben Roth

  • The lead plaintiff is a police officer who purchased $3,000 worth of CryptoZoo tokens

  • It is alleged that Jake Paul and associates executed a rug pull by silently purchasing Zoo tokens on Binance Chain and then dumping on customers when the project was publicly announced

  • Additional allegations of fraud, breach of contract, and false marketing as a result of failing to disclose that the project was non-functional, and not delivering on promotional items

The public document can be downloaded here:

https://storage.courtlistener.com/recap/gov.uscourts.txwd.1205016/gov.uscourts.txwd.1205016.1.0.pdf

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