Logan Paul Launches CryptoZoo NFT Buyback and Files Countersuit Against Co-Creators

The influencer commits over $2.3 million to refund investors, while alleging sabotage and 'nefarious trading activity' by co-creators Eduardo Ibanez and Jake Greenbaum.

Logan Paul, the influencer behind the failed CryptoZoo NFT game, has launched a buyback program, committing more than $2.3 million to refund investors who purchased 'Base Egg' and 'Base Animal' NFTs.
Paul has also filed a countersuit against two co-creators of the project, Eduardo Ibanez and Jake Greenbaum, alleging they sabotaged the game and engaged in 'nefarious trading activity'.
The buyback program requires claimants to waive any 'actual or anticipated claims against Paul', effectively preventing them from taking legal action against him in relation to CryptoZoo.
Paul's countersuit claims that while he lost 'hundreds of thousands of dollars', Ibanez and Greenbaum pocketed 'millions'.
The CryptoZoo game, which was never completed, is now officially dead, with Paul stating that releasing it was unfeasible due to regulatory hurdles.