said.
It’s been almost a year since Logan Paul was exposed as a scammer, and it’s clear that he never intended to honor his promises. He may have been inexperienced and given bad financial advice, but those who followed him are still suffering for it. A legal case could be made easily, as Paul admitted to the main charges and taking responsibility for them.
The issue lies with the fact that the losses for individual investors may be too small to make suing worthwhile. This is where the SEC should be stepping in. They should be doing their job and holding Paul accountable for his actions. However, it seems that they are more concerned about having internal disputes than protecting innocent people.
Paul seems to have no problem spending a million dollars on a bet or six million on a Pokemon card, but he can’t pay his victims of the CryptoZoo scheme? This attitude is symptomatic of a psychopath.
It is important to acknowledge that while Logan Paul should be held accountable, so should those who were foolish enough to believe and follow him.