Social media influencer Logan Paul was accused in a class action lawsuit this week of executing a so-called rug pull—crypto slang for cheating investors—for his Web3 game CryptoZoo, which never materialized.
The company behind the game, CryptoZoo Inc, which the lawsuit alleges is owned by Paul, created and sold the cryptocurrency “Zoo Tokens,” which were meant to be used to buy the company’s CryptoZoo NFTs of exotic animals.
