Investigating Logan Paul's Biggest Scam | Asmongold Reacts
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- Опубліковано 19 гру 2022
- Video by Coffeezilla • Investigating Logan Pa...
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The fact that Logan Paul and the dudes around him are still relevant and still get attention, is what's mind boggling to me, and honestly sad
they get pushed by the higher ups.
Dude shifted to appeal to Pokémon and all the fixins that came with it. Encasing working Gameboys in resin to make a table still gets me to this day.
Lets be fair, Paul isn't an idiot, and has managed to repair and maintain his brand to the point that 80% of the public audience forgot about what he did in the suicide forest, and is willing to overlook some of his cons (this having been the biggest). The only reason he is even in hot water right now is cause of Coffeezilla, otherwise he wouldn't have this spotlight, which just shows how fucked the situation is
Why? He doing same thing than a decade ago.
@@GoInGcRz Don't give him too much credit. Logan's just following the strings he's bound to.
Who would've guessed the guy who filmed and made fun of a guy who committed suicide would be a bad person?
Shocker
Someone is going to say " oh but that was ages ago, daddy logan no bad no more " but even if we ignore that, he has been scamming people for a while, idk how you trust a guy like that, apparently being involved with crypto and nfts has a big chance of rotting your brain
@@htchn Would argue the rotten brain came first, but is a bit of a chicken or egg story I guess xD
@@htchn The people who still have their heads up his (and his brother's) ass already had rotten brains to begin with.
He's changed bruh!!
*Sarcasm*
Coffee's face while talking to that manager guy is priceless 😂
Its like a 10 year old trying to use legalese to stay up past 10.
yeah he was on that can I speak to your manager mode
You know from a legal standpoint...
Bs talk at its finest: "I'm not saying anything, but just saying... I'm not threatening you, but legally..." - a classic Donald!
Watching Coffezilla's videos is the best way to get rid of buyers remorse, because unless you are literally burning money you are spending your money wisely compared to those idiots buying NFTs.
Even Burning your money is actually providing heat to keep you warm so is better than nft's
@@stewartjeffery311 Also burning money makes it more valuable. So it would literally be better if you set your money on fire than if you invested in these crypto currency scams
If it looks like a scam, if it sounds like a scam... it's a scam.
Noooo😱😱😱
If it looks like a scam, sounds like a scam, smells like a scam... it is a scam
I feel like every time a crypto bro sees a new crypto, his brain rolls a d20, if he doesn't get 20 his brain melts and he " invests " ( gambles ) on it
Hes prolly going to jail. This shits illegal in the US. But he'll prolly just blame it on his team.
@@scorch4299 as expected
That manager call was peak comedy :D
I've verified this legally. Like, in accordance with the law. By like...verifying the truth of it.
No, no! bad journalist!! Listen to what I say and you get a good journalist treat
Imagine calling someone to get their side of the story in an allegation and they respond by threatening you
Coffee is the new content cop except his subjects should actually be arrested 😂
@@snickle1980 the world will never have a new Tobuscus or RayWilliamJohnson. the on bright side we will never have another Fred. I hope.
@@TGPDrunknHick Fred is still around. He has a channel called Lucas with about 3 million subscribers
@@Isilsivayawish yes but, you see me not knowing about that is a good sign.
@@snickle1980 Idubbbz
A couple of ppl he reported on have been arrested, even if it wasn't directly connected to his reporting
you know when coffeezilla comes at you with a 3 part series you know your in trouble
Oh please. I guarantee you part 3 will have Logan looking like a good guy. Just a way for these elite children to get exposure
@@Mojo-pl3oj you really think coffeezilla would do that?
Oh yeah whatever happened to that kids token shit? Some bozo got kicked from Faze Clan? Lmao the money was never given back and people still lost, the same thing will happen here, and people will still invest in his new project.
I think we should all come to the realization that we live in a world full of “not smart” people.
@@Mojo-pl3oj I can tell you spend too much time on the internet looking into conspiracy’s lol
@@twintrbo92 actually it forced kay to refund over 500,000 dollars back. Yes, he is doing it to wash himself clean but i believe coffee made him do it.
Hard disagree on "logan paul is a changed man" people's main issue with the forest situation was how he was so selfish and unaware that he did things he didn't realise are clearly wrong but he was blinded by content money and attention, same with these nft situations he's not motivated by making content in these situations but you can clearly see the selfishness. And the fact that he prays on his less fortunate viewers (less fortunate both in intellect and financial) shows how unaware or he doesn't care about anyone else just like the Forrest situation. He fundamentally factually hasn't changed.
Well said, can't stand the guy, been praying on kids and fans the entire time I've known about him
He tried the reformed podcast bro move. On some Shia lbouf type shit
Man he said logan is alright 10:40 and that people crashed dink donk 19:10 . I dont know if asmon secretly dream of scamming us
@@nicolobo764 thats dumb in the video itself he said he knew about logan fron articles and talked about him only 3 times in a span of a year. He's just not aware of much about him therefore doesn't take more hard stances on him
Prey/Preying not pray/praying. But I agree.
That manager call to me just read
“we can lie and if you call us out we will sue.”
There’s no way that holds water.
It's more like I won't comments until you find proof which you won't , if somehow you do then we ll talk.
@@budoshi1981 except there is proof lmao
more read to me they will sue if Coffee shows anything provably false. he doesn't want to give coffee ammo or leads to find the truth though so he can force coffee to speculate and be sueable.
@@noahblevins9569 pretty much. I never said they were smart.
Dont feel bad for those who got scammed, they planned to get in early enough to cash out on latecomers
But that's the whole point of crypto.
It's all a pyramid scheme. Without any intrinsic value it's only as valuable as people are willing to accept. if you have crypto worth 500 dollars, but no one will buy it, your crypto is worthless.
Crypto is all about convincing late comers that your crypto is worth buying so you can cash out later.
Yeah
It's always a problem. Whether you have sympathy or not. The more we are indifferent about the people on the top having their money taken, the more that those people on the top are going to trickle down and take ours. It all needs to be taken seriously
why should i feel bad? Welcome to financial markets *LMAO* leave ya emotions at home 🕳
@@patson420 lmao the stock market fluctuations are literally 95% emotion and hype
People forget the paul brothers origins so fast its insane.
They got famous for being mean, frauding and being annoying.
People look up to those traits nowadays
@@christophercarrillo4726 There's a certain attraction to the idea of not caring about what anybody thinks and just doing what you want. It's liberating to people who are highly self conscious that always take way more shi7 than they should. They're push overs who get treated badly and don't take their fair share. Subservient types.
People who are jerks have always ran the show. That's not a nowadays, that's always.
I think the actors might have been right. People are becoming famous without the hard work or talent and it's changed the game. No one should ever aspire to become a sociopathic jackoff like Jake Paul. Logan Paul isn't a great guy either but he doesn't seem to relish in that kind of evil.
Its funny how people forget these celebrities got rich because they were already born with a leg up. They were born from a fam of wealth
They received fame and fortune they didn’t deserve. Sometimes you’ll hear the statement: good things happen to good people. But sometimes, you ask the question: “Why do bad things happen to good people”? Or the other way around, good things happening to bad people. The Paul brothers are the latter. Part of the reason, is that most of their fans are younger kids or teens, that don’t know any better. But the fact is, they should’ve gotten canceled, or received some type of consequence for the stuff they’ve done. Eventually I forgot about them, there’s no point stressing yourself out stewing over people so terrible and immoral. But, who knows? Maybe the consequences will finally come back to haunt them and they’ll lose their channels and everything else. You can’t keep doing and saying terrible things, offending people, and causing turmoil and not expect consequences.
Can’t wait for coffezilla’s part 2. Part 1 was a banger.
It's coming today according to his community post. I'm so excited.
@@p3rpNZ probably a combination of getting more money from the content and being able to pump smaller videos faster
@@power50001562 lol this is part 1 out of 3 and he doesn't make his normal videos any longer than 30 minutes and this one was 24 minutes plus he been working on this for a yeah so he want as many people to see this story so of course he not going to make it a hour and a half or 2 hours
Part 2 is tonight
@@blake5208 I regularly watch long form videos in the background of doing other things as well as listen to podcasts so it wouldn't deter me. But I recognize it makes more money to produce shorter videos because people get intimidated.
I'm 25 but feel like I'm 60 every time I'm chastising these 40 year olds for throwing their savings into a crypto fire pit
I am truly amazed that none of these scammers have been 'assaulted' yet.
Coffeezilla doing the police's work
What do you think the police do 👀
@@KarmaPaym3ntPlan I'll tell you what they don't do. Enough
@@taxtiriti6126 hard to agree with the idea of police doing *more* , absent a wider array of agreeable policies in place for them to enforce.
But I think I know what you mean
Police is not even close or trained enough to this new internet scam/s, they aren’t in charge of the internet world maybe FBI but the police? No ….
@@bigbay1159 You do know cops in the US does not have the obligation to help you, right?
TLDR A fool and his money are easily parted
He had me at Egyptian persuasion.
I really feel no symphathy for the people who lost hundreds of thousands to a logan paul project. All of the guys even looked like they had a big L tattood to their face.
Wholesome legend, picking up the phone mid stream to answer to your dad ❤
"you're taking control away from the banks and giving it to Bankman-Frieds" if that is not the perfect description of crypto I don't know what is
0:50 he did show the guy that won 1.000.000 usd from it, Logan Paul.
Cases like these are a big reminder to everyone working in development, construction or running a dammn soda stand. Get your contract in writing and dont start working till that paper is SIGNED
I wouldn't trust my closest family members if they came to me with this to invest in, let alone a damn UA-camr! 🤦♀️
You support man city so I'm guessing if big investment came in you'd jump on the bandwagon like most city fans
What shocked me the most is that I was expecting the victims interviews to be with minor kids who didn't know any better but these clowns are older than my dad..Jesus bruuh
@@Ar1AnX1x couldn't agree more, I always thought if you are dumb you are dumb at any age. I just always assumed Logan Paul's audience would be children who aren't yet very aware to such scams etc
If there is no contract then the devs own the code, they wrote it.
This is why companies get contracts for employees. They need to take ownership of what the devs make.
The whole smart contracts is somewhat moot if it's like kickstarter. So many people get scammed on that because funds get released but the product [if it is fulfilled] isn't what was agreed on to be funded.
There would need to be a logistical side to this, not just a financial side, for it to not be scammable.
how is this dude miraculously not in jail by now ????
probably because he can deny alot of this, could be hard to prove... he may get arrested tho, if he even did what Coffee said. I didnt really see any evidence other than the coders word for it, and honestly, one or more of them mightve stole it. Cant really tell until part 2 & 3!!
should be pretty easy to find on the Blockchain tho, just correlate that big red downswing on the token graph and look for which wallet a HUGE amount of money went into. If cryptozoo even has a blockchain lol.
I really don't feel bad about the scammed people. How the hell they think it is a good idea to invest in Logan Paul?
Nice humble brag of no empathy. You can get schadenfreude while also feeling bad for people who lost money.
They probably wanted to join early so they later could sell to the fools who come in later. Turns out they were the fools
@@pikapowns its a suckers bet so of course you get no sympathy
same as feeling bad for people who invested in nfts, if you are that dense you need a scam or 2 to get you to understand the outside world
@@pikapowns no one forced them to invest. like no one. they did cause they are dumb and follow any shit they see that they think is gonna be EASY MONEY, so yeah no empathy, i guess they learn their lesson, a very expensive one
Lena Paul must be so ashamed of her family.
This episode 2 is grazy!!! 😂 Coffeezilla is a real investigator! 😂 had to join as Patreon.
I just watched this yesterday, it's fucking crazy how this guy and many other can get away with fraud.
The same reason tax-frauds who are millionairs get away with minimal punishment, they have either the money or influence to minimize the consequences. Imagine how many big influencers would have been already been perma-banned if rules were enforced the same for anyone...
We live in a 2 tier society. The rich, famous, and political don't abide by the same rules as the masses.
The problem with "Smart" contracts is that they're difficult for non technical people to understand and therefore makes it harder for them to understand their obligations and risks.. also, as stated in the video, once a smart contract is initiated between two parties, its significantly difficult to change, so if you're fine with the terms today but later down the road you look at the contract and discover something within it that you don't like, good luck changing it. Also, the blockchain can still experience network difficulties and cyber attacks.
I dont get the concept at all of this Smart contract. You try and wait for other people to Reach a goal, but it looks totally useless for party & party agreements. Like it say "contract can't be changed", ye normal contract can't be changed unless you have some gateway in contract. Normal contracts are also transparent so... This is just normal contracts with multiple people involved outside of deal? Sounds meh
@@naps7039 its just sounds Like contract, but with more people involved to check it. I still don't get it why it would benefit real time cases and it wasnt invented for crypto. Like Smart contract is ok in space where you have deals for some commodity that can be replicated easily or digital deals can be scewed, but real life stuff every contract is constructed for such a way to both party benefits (or good contract should do). I saw multiple contracts similiar to kickstarter already and that was before kickstarter was invented. I dont see novelty at all
You don't need to change the contract. Just make a new one that overrides the original.
FunFact: There are some very successful play-to-earn games. For example, TF2 and Don't Starve Together are both technically play-to-earn, as by playing you can earn item drops which you can sell on the Steam community market. However, most people don't think of them as play-to-earn games as the play-to-earn aspect is very minimal and the games themselves don't rely on being play-to-earn.
People to busy counting their NFTs before they hatched
Internet jesus and coffeezilla what a duo.
"youre taking control away from banks and into Bankman-Fried's" is the best thing I've heard all day
I've read stories where people have used other means to settle these kind of debts against scammers. No Blockchain or internet required
man clarence was a little ahead of its time. They had an episode where they introduced an unregulated, alternative form of currency that people were getting rich off of and in the end it all turned worthless
Honestly never been a big fan of these types of streamers but I gotta say you make really good points n are good at explaining everything I fw the channel
Honestly Coffeezilla should put out coasters as merch.
No video link?
That Forrest Gump skit you did somewhere mid of this video did it for me man.
This guy is doing Gods work exposing these scammers
what blows my mind is how these victims have these thousands of dollars and just be willing to spend all that
I feel like people with scammer mentality jump into these things thinking they are gona be like the main scammer (logan) but they get got. I can’t feel bad for these fools anymore.
I had something to add regarding the smart contracts and the video you watched explaining it. This is almost exactly like what we’ve doing for years. It’s called escrow..
A third party holds the money and when the contract terms are reached the funds are released or they are returned. This is exactly how homes have been purchased for decades lol.
I'm surprised his audience is grown adults. When I think of a logan Paul fan, I end up thinking that they are a kid.
Logan's fans are as old as pewdiepies.
Aka they've aged duh, dudes been around for ages
Dude got famous on Vine when I was a teen, and I'm 27 now. I'm more surprised that a lot of his fans stuck around all these years and didn't grow out of his content tbh.
Itd be fun if coffeezilla came out with a coffee mug or tumbler ☕️
That call with the manager was like
oh yeah fersurefersurefersure
Baffles me people do 0 due diligence. It's an emerging market you should treat it like that and make smart(smartest) choices. I've ridden these people's waves on so many occasions. Difference is I only use a small percentage that I'm willing to use with high risk high reward. It's sad that people lose a bunch of money. But a fool and his money will part no matter what :/
Sad part is, He may get away with it legally. People will hate him but he may not get any jail time.
"He's a changed man" he is advancing in his career is what's happening
imagine putting half a million on a guy formerly known as the most hated person in the past
I think it costs more to put more data on a blockchain. so, since a smart contract is a program on the blockchain, it incentivizes shorter programs which would cost less. a more detailed program would cost more. not to mention devs changing the contract just before launch and no one notices. how many times have we seen that happen.
I'm no body language expert but every time Logan claims he put 1M into this project you can absolutely tell he's lying just by the way he pauses because he knows he's being dishonest. He's not a good liar but fortunately for him all the fools can't even see this
@UC70LsJiLbkXSyu2Z00FRmUA You don't seem the type that is able to have a logical conversation but do you actually think that when someone lies they can get nervous? Do you think that when someone gets nervous they can act differently? Now lets use some common sense if you're able to. when you lie you get nervous and when you are nervous you act differently. this is called body language. There are actual studies in this and is applied in certain fields like interrogation. Please do your research before making such a foolish comment you look like a 10 year old saying what you just said
love how asmon's educating his audience on smart contracts
Man I got a bridge for sale, where do I find these guys?
I 'member when celebrities dint out right rob their audiences, but actually coaxed them into buying tickets to get their money.
When Coffeezilla makes a three part series about you, he's going for the throat.
I knew this was a scam the moment they showed mammals could be hatched from the eggs...
It blows my mind how terrible most people are with managing their money.
one thing ill add about contract.
anytime two people make an exchange on anything and with anything are making a contract between the two of them and the expectation is that both parties will carry out that contract.
you always have a contract. there are just different types.
Coffee is honestly a legend
This is such a story... Love how Coffeezilla is doing the editing and reporting. Especially the next episode thing is better than many movie trailers
I've done contracted engineering work, it's very common if you don't have hourly billing in your contract that they won't pay you until the project is completed. If you don't put a clear definition of "completed" in the contract they will always keep asking for more and more and more because software is never more than 80-90% done then the owners of that software start thinking of things they want to change and add and it goes on forever.. is Facebook complete yet? it's a nightmare.. you have to become a contract expert to do that kind of work.
Smart contracts are forced upon parties of contracts because intermediary is an algorithm that automatically completes all conditions of contracts when parties did their part. So basically it's impossible to decieve other party due to algorithm that forbid you from doing so
People saying how much they paid for life lessons
I actually think these fools deserved this life lesson. If they did not learn it now, they would have l gotten scammed later one way or another.
To go back to the Twain quote ad nauseum "It's easier to fool people than to convince them they've been fooled"
what makes smart contracts good on the block chain can be shown simply by seeing who holds the leger. A smart contract on any digital space is prone to attack so you want your contract to be held by the equibalance of fort knox of the digital space and that is where block chains come into place. The power of the blockchain comes from its low chance to be attacked by bad influencers because they either have to control a large part of the blockchain or have the computing power to over power it, and very few people have that chance.
Put this dude in prison for fraud.
Imagine the balls to trick that much money out of that many people. People gets murdered for a fraction of that money.
Narcissistic self serving personalities are all over the place, you going to murder them all?
@Quetzal Coatl you never know
god damn that is a icon i havent seen for a long time... fuck msdos and its retarded console :D
Depends on who you're dealing with. Most people are too passive to even think of doing anything about it besides cry to the internet.
Meth heads will stab you for ten bucks. I know for a fact because my nephew's 16 year old friend was murdered by a meth head for ten bucks.
@quetzalcoatl8044 people willing to kill for money do so because they and their money are risky in nature. Those with big money don't have to kill you, they can just take over your life indirectly.
38:15 yeaa was about to comment verbal contracts can be made lol
that manager was so condescending, lecturing coffeezilla how he should do his job
Logan Paul: "So what if Coffeezilla has made a video about how cryptozoo is a scam?"
"It's a 3 parter"
Logan: "oh shit."
My question is how did these guys in their 20s with regular jobs have $5000? I remember feeling good if I could scrape together $500 extra dollars back then 😅 but back then $5 was like half a tank of gas…
Most probably credit or collateral , could be even both.
I was gonna say financial discipline but they believed in ntfs and cryto so there is that 😆
Most likely they got really lucky trading a shitcoin over the last year, traded it for Ethereum and then bought this nft garbage with it. Prolly started with $100 and had a hell of a ride.
Lots of people got money during the Lockdowns... with the handouts. Others made money from during the protests.... where there were some looting. The ones who looted some of them made money selling items they looted. Not all people looted. And not all looters made money selling items. Also not all those who got the Government handouts from Lockdowns were able to save it up. There were many who needed it to survive. However there were some who scammed the Government... and there were others who legally applied & got approved while living with their parents or that had student loans... or some who had some savings... so the Handouts were just extra cash to a select number of people.
The smart contract has already been exploited. The first part of immutable just means you have to program an exploitable contract. And distributed just means you have to selectively set up how the confirmation of contract functions. The latter has already been used to attempt to protect and later then used to steal tons of crypto. So it makes it provides no real added value outside of just tracking. So yay, you can track that you've been scammed.
goddammit I just finished watching this and then realized you uploaded this so I need to watch it again. ;-;
I understand that it sucks that the guys who invested money into his scam somehow got scammed but those guys deserve it. No functioning adult should fall for this and I’m glad that those guys got to be made examples of.
No one older than Logan should have fallen for this
As much as I agree with you, i wouldn't go as far as to say that they deserve it. People make dumb mistakes, sometimes they are objectively functioning idiots, but that doesn't mean that they deserve to get taken advantage of. These are the type of people that get manipulated into shit, and preyed upon. It's sad on so many levels.
Let's think about this for a moment. You seem to have been on this side of the internet at least as long as I have with that statement. We both had seen the ugly truth of crypto, we both had seen the history of the paul brothers. Someone who is new to crypto might not understand it, and put in a heart of "people can change", and then sees someone saying "I've changed from my past" might not realize it's a scam.
It's often advised to look at those more experienced in it if you are new, and seemingly this guy comes out with this. When I first heard of crypto (when bitcoin first came out), I was intrigued by it, and even thought about investing. My understanding of economics and the fact I don't trust people made me realize that it would just quickly eat my money. People sometimes don't even have time to look at economics, and if they are a trusting bunch of people? I can see why they would invest. Not everyone has access to the knowledge that we have, and blaming them only makes it worse.
Should they have done more research? Of course. Is it their fault that their research was based around a guy who should not be trusted? Not necessarily, especially if they look at others around the project and see them all supporting it as well. Were some of them in a position where it should have never happened? Probably. There is people there that are single parents trying to take care of their kids and in a desperate situation needing money, and hey this guy is promising money.
everytime i see an asmon video where he's reviewing a sub 20 minute video, i get so excited for an hour + of content.
Ethereum's 'smart contract' is such a scammy buzzword. There is no 'contract' there, it's an escrow account that needs to reach a certain funding limit by a certain time. Like paying your auto loan, but the payment system is only a part of a contract. The value of a contract comes from the legal protections it offers the buyer and seller. Contracts can be nullified by courts if they're found to be falsely marketed or if one party fails to deliver on their promise. You could have a 'smart contract' to buy a car but there's no legal paperwork saying the seller owes you a title or ownership and ethereum has no way of documenting or enforcing this. So paying off the ethereum escrow account doesn't mean anything for the buyer. Putting 100% total power into the hands of the seller with no recourse or return of funds possible for the buyer.
I’m surprised Pepe Silvia wasn’t involved in this too. This must have drove coffeezilla crazy
Nice video even thoe I been here for more then a second
it makes me so sad, and so angry to see how many stupid people exist on this planet...it's beyond any belief... somehow I want to help them, and somehow I wish they would all just vanish...
dude me too, me too. These are the same people who voted for Biden because they hated trump so much.
The paradox is they fully believe they are more intelligent and capable than you.
@@andrewcooke-hedin1903 just like the prime example before your answer.
@@andrewcooke-hedin1903 Im even sure some of them are in many ways, but I feel like there are many important layers to this, like character growth, emotional maturity and just a logical mindset of what is good and what makes sense.
@@vincenthammons6705 found the guy who falls for Trump university
Some people who invested money into this were probably expecting it to be a scam, but a scam they could benefit from by getting in early and being at the top of it.
It’s ALWAYS been just a picture.
I swear half the people cheering coffee on would buy an nft from him in a heartbeat
People just rarded bro, its a feature not a bug
@@aureliusmarcusantoninus3441 the irony of you spelling “retarded” wrong is amazing
@@zeikers shit u said the r word, reported
@@aureliusmarcusantoninus3441
Self censoring is such a weak ass trait. Speak or dont.
@@dongriffith2662speak and watch yourself get swiped
You should check out his Save the Kids Token series and the Safemoon video.
so where was the game part of this thing?
I wish for once he’d have a genuine reaction to something. Oh well lol.
Contracts are null and void if the company liquidates its stocks and shutters the business. Digital or not the contract is useless. It’s like signing a deal with Sears the day before they filed bankruptcy.
To be fair buying an "EGG" is no different from all the gacha in games nowadays
Dude the pyrimid sheme is legendary.stuck throughout the decades for year and years and poeple still fall for it
"Verbal promises are as good as the paper they're written on" is not true. Verbal agreements are actually legally binding if they follow certain rules (such as legal capacity of both parties to understand it, consent, lawful purpose, ...).
Smart contracts aren't redundant. Kickstarter can end the campaign tomorrow at their discretion. Smart Contracts are forced to be executed when conditions are met.
I hadn't even heard of this but the min he claimed to put in 1mil out of pocket for this but still had a "co" NOT a "com" domain was already a red flag for me tbh.
My question would be how those naive pls got to have 50k free to put into a project like this??? Or even 500k.
2:06 LOL for a second Asmon looked like one of the victims on the group video call