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Internet celebrity Logan Paul promotes Crypto Assets but fails to disclose financial interests, may face charges
According to a report by Cointelegraph on November 20th, BBC’s investigation found that internet celebrity Logan Paul was accused of profiting from promoting Cryptocurrency without disclosing his financial interests. The BBC investigation uncovered evidence linking Paul to an anonymous encryption Wallet, which was obtained through transactions related to Paul’s public Wallet.
It is said that this anonymous wallet bought these tokens before Paul promoted them to his 23 million YouTube followers, and then dumped them at a profit after the price soared.
In previous news in January, internet celebrity LoganPaul promised to provide refunds to users of the suspected scam Non-fungible Token project CryptoZoo, on the condition that they drop their lawsuits against it.