Stephen Findeisen, also known as “Coffeezilla” on YouTube, responded to Logan Paul’s in a video, suggesting that the “groundless” defamation lawsuit may be an attempt to crush new investigations.
On July 27, Paul filed a lawsuit against Coffeezilla for defamation in response to videos discussing the YouTuber’s non-fungible-token (NFT) initiative, CryptoZoo. The lawsuit claims Findeisen published fraudulent statements that accused Paul of operating a scam.
Findeisen clarified on August 5 that he is not seeking legal action regarding his initial videos regarding the CryptoZoo initiatives. Nevertheless, the internet detective disclosed that he is currently dealing with a lawsuit regarding videos and an X post that promotes user refunds.
Coffeezilla maintains Paul’s lawsuit is without merit
Paul shared a website on January 4 that enables CryptoZoo NFT holders to reclaim their funds through a $2.3 million buyback program.
The celebrity declared that he would repurchase the NFTs at their original price. Nevertheless, Findeisen emphasized that the action is motivated by an ulterior motive, as users are required to relinquish their claims against Paul to complete the refund process.
Findeisen also maintains that the refund procedure solely pertains to NFTs and does not compensate users who acquired Zoo tokens. Findeisen reiterated in the video that Paul intends to pay for only a portion of the losses while simultaneously defending the other victims in court.
The litigation was also characterized as “frivolous, meritless, and groundless” by the internet detective. Findeisen contended that for the lawsuit to be admissible, Paul must have experienced financial losses or reputational damage.
According to the online investigator, Paul had already been accused of pump-and-dump schemes before publishing his investigation into the celebrity.
Suppression of a new investigation
Findeisen thinks the lawsuit’s objective is to stifle future investigations and retribution on the previous ones due to these factors. Paul’s participation in the Liquid Marketplace controversy prompted the investigator to file a lawsuit.
The Ontario Securities Commission accused the marketplace, which was co-founded by Paul, of being a “multi-layered fraud” on June 24.
“This defamation lawsuit appears to be frivolous from the outset.” Findeisen elaborated, “However, there is an even more compelling narrative that I believe exists, in which the objective is to stifle new investigations while simultaneously avenging the old ones.”
