Logan Paul's CryptoZoo lawsuit was dismissed, and ZachXBT criticized existing legal loopholes that allow bad actors in the crypto space to go unpunished.
According to Dexerto, the CryptoZoo lawsuit against influencer Logan Paul has been dismissed by a federal judge, who stated that 'a jury could not find Logan Paul's statements to be misleading or fraudulent.' ZachXBT commented that outdated laws allow bad actors in the crypto space to continue their malicious activities by exploiting jurisdictional differences. If a promotional project ties its token value to undelivered substantial content, leading to significant financial losses, accountability should be pursued. This case, which should have been straightforward, exposed systemic flaws. Previously, YouTube star and professional wrestler Logan Paul and his associates were named in a proposed class-action lawsuit for Paul's promotion of an NFT project called CryptoZoo.https://t.co/8Nth267BFa