that is what i get for trusting the team i relied on. or using the power of his influence to intentionally mislead his own followers? we are here to find logan paul responsible for his actions. i am not a scammer. allegations against logan paul relating to cryptocurrency�*s have been building now for well over one year. i have been investigating these allegations for about seven months and the whole time trying to speak to logan paul but his team have refused for whatever reason, and now, after all that time, they finally agreed to do an interview so we are on the way to his boxing gym in puerto rico. there is a strange atmosphere

in the room and a suspicious amount of logan's own cameras pointed at us. all of a sudden, it becomes clear why. what's up, dude? how is it going. sorry, i am tired. how are you enjoying puerto rico? pretty good. the lookalike is clearly nervous. you look different. did you come all the way here to ask about how i look? is logan coming? i am right here. you came all the way

to puerto rico from. these are serious questions. there are people who want answers. i am a serious person. lets get out of here. i am not doing this. matt, no. you came all the way to puerto rico for this interview. chanting. so, rather than defend himself against the allegations we have been investigating, logan decided to troll us. minutes after leaving the gym, we receive a letter on behalf of logan paul, morning publishing allegations. but these allegations against him are not going away. in fact, they have been building since 2021. september one, 2021. this is the day that logan paul told his audience

that his new crypto game, nft crypto game cypto zoo launched. stay on the lookout for cypto zoo. dozens of people bought dozens of people bought into crypto zoo, many into crypto zoo, many logan's fans who bought logan's fans who bought in after his endorsement. in after his endorsement. logan paul entertains logan paul entertains people and he is very people and he is very good at doing that. good at doing that. i did not go looking for him. i did not go looking for him. he just came across my feet. he just came across my feet. he has quite he has quite a larger—than—life persona. a larger—than—life persona. and then i think also and then i think also seeing his success is seeing his success is something that i admired. something that i admired. he has a lot of projects he has a lot of projects logan paul fan who is attracted going on and an exciting going on and an exciting lifestyle which attracted me lifestyle which attracted me to listen to what he was saying. to listen to reuben is a 21—year—old reuben is a 21—year—old

logan paul fan who is attracted to the influencer�*s cryptozoo project. it was marketed as an online trading card game but instead of cards nfts which exist digitally.

after a certain point you start to realise that something is wrong. there are tons of people that have bought and the game never worked. the only reason investors were spending all their money is because they were promised features that were not there. people have lost 80— 90% of the value of the token. how did you lose? i lost around £33,000. i blame logan paul and his manager, jeff. you listen to someone and trust what they are saying and they betray that trust. their words don't mean anything to you anymore. to say i am disappointed is an understatement. my sole obligation is to my supporters and i know this video is long overdue. here it is. i am sorry, guys. i apologise for how this has unfolded thus far and i want

people to know that they can trust me and i will always take care of the fans and people who support me. people all over the world are now accusing logan paul of misleading his fans, encouraging them to invest in a project he never delivered and not caring about what happens to them as a result. logan has denied wrongdoing but admitted something did go wrong with the project. is this a one off or is there a pattern of logan paul being dishonest to his fans? logan himself is pretty clear. i am not a bleep scammer. i have the best intentions. logan founded cryptozoo in 2021 but he was not the only celebrity entering the crypto space that year. something happened eight months before zoo day that launched the world into crypto mania. this morning, gamestop mania leading a mark on wall street.

millions of people decided to pump the value of a stock seen as worthless. it worked, which was crazy. way up. 1600% in two weeks. this gamestop situation is the craziest i have ever seen. the gamestop saga was the first instance of a stock value being driven up by online communities sharing news. it was at this point that people in crypto spotted an opportunity, and along came doge coin. doge coin is a cryptocurrency based on the meme of a shiba inu dog. doge coin went up

after this happened. crypto is fundamentally a social media driven market on some level. it is an influencer driven market. doge coin, elon musk had a big hand popularising it. the doge father. he was a big fan. he tweeted about it all the time, but when elon tweets a meme, the money follows and so therefore twitter was driving the price and drugs were driving the price. oh, so it is a hustle? yeah, it is a hassle. someone like logan paul buys a ton of crypto and tells the followers about it, they are going to buy it too. if the months after doge coin, celebrity after celebrity got involved in crypto. and while some were involved in legitimate crypto projects, a pattern started to emerge where every time a celebrity would endorse a token its price would skyrocket only for it to them crash when the large holders about token began to sell. many began to suspect that the celebrities were being

used as what is known as a pump and dump. a pump and dump describes the arc of a coin or a stock that goes up and then it goes way down. the idea being that the creator mated with the intention of pumping it — "hey, by this thing" — and then people buy it, they sell, coin goes down and everyone loses money except for the person buying the strings. this is classic thing. the sec regulates 40% of the world's capital markets in washington, dc. that is about $110 trillion and one person oversees it all. are you invested in crypto? i am not personally. everyone i know is personally. why are they doing that with their hard earned money? because it does seem,

especially if you look on social media, like an easy way to get rich. but it is not. the crypto space itself is rife with fraud. gary is the chair of the security exchange commission, in charge of regulating the us exchange markets, including the stock market and now crypto. what is the scale of this? how much money are people losing because of these frauds? individuals have lost tens of billions of dollars. many of these projects are not complying with the law. even the good—faith actors in this field are not necessarily giving you, the investing public, the disclosure. and the influences are just making it worse. and why? because folks are vulnerable to thinking that, well, they are so successful at life, they are so successful, they must know something, but they are really misleading their followers.

kim kardashian is in hot water with sec for promoting a cryptocurrency asset on instagram. they are supposed to tell you how much they got paid, whether they own the token, whether they know anything. and we have brought in a number of cases in these areas over the years. the celebrities were fined between $50,000 and $100,000 by the sec for promoting a token to their followers without disclosing their own vested interests. these interests could be that, like kim kardashian, they were paid to promote the token or they already own large amounts of the token, meaning they stand to gain financially for the price been driven up following the endorsement. if a token is promoted by one of the celebrities with the intention of selling large holdings when the price goes up, this is known as a pump and dump.

is the sec at all interested in logan paul? influencers, whatever their name, do not go because it is illegal? yeah, and it is also wrong. there is no evidence the sec is looking into logan paul but some of logan's fans are calling for an investigation. their concerns are not just about cryptozoo but other crypto projects he supported that year. i spent a lot on crypto projects because someone told me it was the next facebook. one of the meme projects he took an in is cold elon gate. elon gate made me rich. in early may 2021, logan paul posted this video about elon gate�*s fans in the mavericks club which gives his fans

exclusive content. excitement grew for elon gate group. after his video to the maverick club, the price of elon gate went to an all—time high. it remained at this price for hours with the large holders began to sell, crashing the price. we cannot be sure of logan's intention before he sent the video to the maverick club. new meme queens were launching daily so few people thought to ask why logan paul was promoting these coins to his fans but that changed with dink doink. logan endorsed the project to his over 6 million twitter followers injune 2021. the effect was immediate. it encouraged his fans to buy.

how much did you invest in dink doink? i think in total a little over $3000. early investors in dink doink helped push the price of the token up by over 400% injust four days. does that celebrity factor, having people like logan paul attached to this, give you more confidence in the overall value of the coin? i have always enjoyed his content. it seems like they could get a lot done if they wanted to. following a pattern similar to elon gate, after logan's endorsement, the price of dink doink climbed to its peak before large holders began selling, causing the price to fall by 96% in two weeks. but why was logan so vocal in promoting dink doink? after the price crash, logan paul tried to distance himself from dink doink, saying he was a fan of the funny spring character but apparently, according

to his ex—roommate, logan had a bigger role to play in the creation of dink doink than he lets on. i was chilling with logan and we were like "what is the silliest name we could think of for a coin?" we were like "dink doink." it came alive. logan designed the character on his phone, on snapchat. if jake is telling the truth, logan was not being straight with the fans toll to invest in dink doink. so, if logan was a creator of the token as alleged, you would have thought he would have disclosed his interest in the project doing well. an unknown crypto wallets bought 120 trillion dink doink tokens just free minutes after it became available injune 2021 but before the token was publicly promoted on twitter. injuly, after logan and his friends' endorsements

when the coin still held value, that wallet began selling tons of dink doink, essentially cashing out on the coin and causing the price to plummet. then at that same wallets and thousands of dollars worth of cryptocurrency to logan paul's public crypto wallet. no—one knows for sure who this wallet belongs to. but we know that it belongs to one of the founders of cryptozoo. founders of the project work gifted zoo token and this wallet received 95 billion of them which led some people to believe the wallet belongs to logan paul himself. we asked logan paul about this and while he did not deny the wallet was his, he denied making money in any gifted dink doink tokens and said he was not involved in the development other than supporting his friend. what would you say to people who say this is more of a pump and dump situation?

a lot of celebrities get a lot of paid from a lot of people. it is understandable that a lot of people see it like that, but i don't. 0mi is another one. bro, what are you saying? you have the same weird coins no—one has heard of. it ass links to ecomi. after his podcast, logan sent a podcast message to an adviser at ecomi. we need more of these. please. eod if possible because we have things coming tomorrow. lets go, bleep. let's go. the man they are speaking to is ben gadenzie, who has been in the crypto scene for 10 years. part of his job in the industry

is to allegedly help bring celebrities and influencers to promote them and it appears logan and his guest both got their 0mi tokens for him. they then asked for more tokens before releasing their podcasts and logan's followers then bought into the currency, causing the price of their own holdings to rise dramatically. shortly after, the price crashed. although we can't be sure what logan's intentions were, investigators said that the general trading around 0mi showed the components typically seen in a pump and dump. and just two months after 0mi, behind closed doors, logan paul and his team began developing what would become cryptozoo — their nft trading card game. linked to their game was their own token, zoo token,

which would be needed to buy the cryptozoo eggs. but logan seemed keen to get a hold of these tokens before anyone else. these messages are from may 20, 2021, months before the public had heard about cryptozoo. they are private messages between team members including cryptozoo adviser jake greenbaum, the crypto king, logan paul, manager and lead developer. the team were discussing how they could get as yet unreleased tokens before the public. jake greenbaum suggested they could buy up the tokens early by accessing them in what is known as a liquidity pool — a store of tokens put aside to help the market if there are issues with it being traded but they appear to have been using a liquidity pool to launch the token in secret. accessing tokens before the public started buying.

you have got to remember that at the time, the public had no idea about this stealth launch. logan had not mentioned cryptozoo publicly for months. they were all waiting for zoo day which was the day logan said cryptozoo would launch. when the eggs did become available, they sold out almost immediately. cryptozoo, let's go. but as quickly as they sold out... i attempted to get some eggs and had a massive fail through their binance website which did not work. the complaints begin to appear. less than two weeks after the public launch, logan stopped speaking about cryptozoo completely. over the next year, complaints would build. cryptozoo investors claimed the game did not work. when they were able to eventually buy eggs, they often would not hatch, and when they did, there

was no way for holders to own the zoo token they were promised. as criticism of cryptozoo built and the game failed to materialise, the price of zoo token plummeted, losing its value. they were promised features that were not there. not a word about the scam. as more crypto investors began to allege they were being scammed... they thought this time it is different. logan paul couldn't possibly scam us, right? youtuber coffeezilla release a series alleging that cryptozoo was indeed a scam. there is nothing that says it is not a scam. it prompted logan to speak about cryptozoo for the first time in one year. coffeezilla, i now know your motives. money, but you are also the slimy is bleep. we will continue to build

cryptozoo and i will see you in court. in light of the response, bans who purchased zoo token and the nft eggs were left out. don holland is a police officer and one of the earliest investigators into cryptozoo. here is the egg that i have. and the current worth is... zero. i have hatched an egg, i have read an egg and i have eggs and animals. what is it called? a littem. does this create passive income for you? no. don is the lead claimant in a class—action lawsuit against logan paul brought by investors lost out and want their money back. it is being led by one of the biggest lawyers on youtube.

we are taking action against cryptozoo incorporated — logan paul and jake greenbaum. logan paul is named as a defendant in a class—action lawsuit. while the failure to deliver the game that was promised is a key part of the case, it is not the only one. he is interested in this stealth launch discussed in the leaked messages. a text message that says "definitely don't want to do anything that brings sec eyeballs." you can see logan saying "everyone does presale coins." just because everyone else does it does not make it ok. what they did is they dump the zoo token on the exchanges and then they go in and buy them while they are worth nothing.

then they set the rules for selling. the team appear to agree that they can begin selling once the total value of all of the zoo token is in circulation hits $200 million with rules on how much the founders can sell in a given day. those are rules for market manipulation. i totally see why people are frustrated. logan claimed he only ever lost money on cryptozoo and that he never dumped his tokens. we made no money on the project which kills the scam idea immediately. although logan never made money from cryptozoo, something happened in the stealth launch that means other members of the team did. someone outside the group was buying and selling zoo token and causing the total value to fall, costing logan and his team millions. do you see how crazy this is? he is upset that the currency is being manipulated when it

was his manipulation game. it turns out the additional wallets that bought and sold in the stealth launch apparently belonged to jake greenbaum and eddie even as while the others raise the price, eddie and jake began dumping tokens from the wallets, secretly cashing out behind logan and his team's back. conman eddie sold 1.7 million. crypto king stole $6 million. true or not we had removed him from the team when we realised he was a bad actor and his motives were purely financial and i guess that is what i get for trusting the team that i relied on. jake greenbaum has denied wrongdoing, claiming he did not make $6 million and missed out on tokens due to having his wallet and tokens frozen by logan paul. logan has claimed he had little oversight over the launch of this token and instead deferred to eddie and jake on the launch.

logan points to text messages leading up to the stealth launch and on the day of the launch itself that he believes shows lack of involvement. but on the day that the launch happens, logan appears to have been aware of the team's plans to buy tokens early without anyone else getting in. did logan paul get backstabbed? absolutely. i am not debating that. he trusted some bad people, but were his intentions pure? i don't think so. the bad publicity about cryptozoo has not stopped logan from his other adventures but he is no longer silent in the face of the public criticism he is receiving. i am sorry, guys. he apologised and offered a buyback problem. we want to offer a rewards programme for players who are disappointed in the status of the game. he has also gone on the

offensive, launching a defamation suit against coffeezilla. rather than payback victims, logan would rather accuse me of defaming him. while it might seem that logan has survived the scandal and is in the clear, with hundreds of investors out of pocket still claiming their money back, powering claiming they were misled, it seems that he will not be able to silence the allegations against him — allegations that he used his influence on the internet in unethical ways. i feel like the internet has given people a lot of confidence in themselves and the freedom to say and do what they want online. a lot of the time it is without repercussions.

live from london, this is bbc news. russian and syrian jets bomb islamist rebels, after they seized most of syria's second city aleppo. it comes as syrian rebels mount the largest offensive in years. the syrian military says it's suffered dozens of casualties. senior doctors providing end—of—life care urge mps to "fix" palliative services after england and wales back a bill to allow assisted dying. counting is under way in ireland's general election. an exit poll suggests

a tight race between the three main parties. hello, i'm kylie pentelow. we start in syria, where fighting has erupted in aleppo for the first time since rebel forces were forced out of the city by government troops in 2016. the army says dozens of its soldiers have been killed or injured in clashes and there are reports that rebels now control the majority of the city. this was the centre of aleppo in the early hours, after russian and syrian warplanes intervened in support of government forces overnight, bombing islamist rebel positions, who launched a surprise offensive four days ago. the syrian military says its troops have been withdrawn

from aleppo temporarily "to prepare a counteroffensive".