Nfts
Influencer Ghosted Logan Paul NFT Lawsuit to “Save Six Figures”
A crypto influencer who called Logan Paul “the biggest jerk I’ve ever had the pleasure of doing business with” said he avoided a lawsuit from the YouTube star after his lawyers told him it could turn into an ongoing problem that could cost him millions.
Jake Greenbaum worked with Paul on the controversial NFT game CryptoZoo. The project was complete failure and led to a series of lawsuits against Paul, Greenbaum and the project team in February 2023.
However, the same day Paul proposed a buyout plan to investors in January 2024 – an act lawyers took to court. called a “sneaky trick” — he also filed a lawsuit against Greenbaum and Eduardo Ilbanez, accusing them of insider trading.
Greenbaum said The DailyDot, his lawyer’s advice was to ignore Paul’s lawsuit because “Logan is a very wealthy, attention-seeking individual and can file 100 counterclaims and lawsuits the minute you respond.
Learn more: Logan Paul fight can net NFT holder $300,000 as CryptoZoo victims left on ice
For this reason, Greenbaum asserted, “If you default, he can’t recover anything from you because you don’t have a car or a house. If you answer, it will be 6-7 figures in legal matters and a pending case.
Greenbaum disputes Paul’s accusations, calling them “completely false” and Paul’s attempt to defer blame.
On June 16, a default judgment was entered against Greenbaum. Paul’s legal team responded by requesting a 90-day discovery period to determine the cost of Paul’s damages. They declined to comment on Greenbaum’s legal strategy.
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