I'm still at a loss who looks at Logan Paul and thinks I'm gonna give this guy $500,000 of my money? I wouldn't give him ten bucks to hold for me! FFS!
@@nickgman3592 No, any of these 'Project's' are designed to remove money from your pocket and put it into the pocket of whoever is pushing it! You can't take something that has no value and make it valuable!
I thought he wasn't a complete twat still but I didn't know he was doing crypto scams, also if any TH-camr promoted a crypto is immediately assume it's a scam just like established titles
"The team as a whole, $1m." "The code was held hostage for $1m." "My company invested $1m into the project, and we did not receive a dime from it, so I locked the code." One of these statements is true.
sounds like as soon as Logans manager found out, he made logans team not sell any coins. prolly the smartest thing. abort the scam when youve gone into illegal territory.
quite common in Remote IT work especially if they offer to give you salary monthly. thats like 1 month free work for the scammers (more if the scammers says they have to delay the payment). and you thought with these veterans, they would discuss a weekly salary or 2 weeks salary.
People want to get in fast on the new hottest project regardless of its founders, plus this one had Logans name on it after the "redemption" arc he's had, none of the victims wanted to "play" the game. Its all greed
To be fair he has a lot of viewers on TH-cam who aren't exactly old enough to think for themselves. It's wonderful how a platform like TH-cam will allow sleazy scumbags like this to stay on the site because they've got a big audiencence.
@@Shenthusiast Yes, most just greedy people want to enter early in any project hoping other greedy people enter too then they get out with profit. Basically stupid people hoping to get money from more stupid people.
What’s sad is the people who were scammed are as naive now as they were when they were scammed. They can’t see why investing and helping promote Logan and his ilk is why they lost and contributed to many more people losing money.
@@blackhat4206 the money is gone, all the original people have scalped the pile, so he would be paying out of pocket (which he would never do for his fans).
@@nom6758 Obviously. I don’t think finishing this “project” should even be considered. I was referring to a separate NFT involving “right to a meeting with Logan Paul” which I don’t expect him to honor in the first place. Especially if Logan knows it’s a fan/victim claiming the meeting to show him how this more recent NFT scam has affected his family. Two different scams, most likely.
Logan Paul, gathers shady characters and scammers "who already scammed him in the past, aka Crypto King" to scam his fans, gets scammed instead. What a story.
I see a lot of people hating(lack of a better term) on the investors and I can see why it's just I think more people need to take a more empathetic approach. I used to work in banking and one of the things I was trained in was scams and fraud prevention. You'd be surprised who would come in and say they were scammed out of their money. It can happen to ANYBODY, even the people who say the victims are naive. Even Asmongold. All it takes is someone who is cleverer than you and everyone hates admitting someone got the best of them. I've been scammed while I worked in banking, didn't lose money but came close. Have some empathy for the victims because regardless of how you feel about them and what you may think of yourself it can happen to you.
This. The shaming these people are doing is also the reason these scams continue to happen, and why victims refuse to admit they’ve been scammed. They know they did something dumb. The last thing they want is someone who would not only point that out, but also shame and humiliate them for that
both things can be true. Im an adult and I know I will get destroyed if I go into this NFT playing field. If you know you are not a sly bastard, dont go into the field of high especulation and unpredictability. No one is saying they deserve it, but its also baffling how naive you can be in an enviroment where most is at each others throats in order to get the most profit possible. Yeah, fuck Logan Paul and his entourage, I hope they lose every single dime, but the investors, who were also playing the game of "I will come in cheap and I will get more value out of the people that come in later and maybe sell it to them for cheaper as well" are not saints either. Its harder for someone to get scammed if they know what they perform in an area that there is plenty of rules and knowledge. Its still happens, of course, but this also serves as a cautionary tale for everyone. Dont put a piece of juicy meat around your neck and jump into the lion's den, even more so if you dont know what you are doing.
both things can be true. Im an adult and I know I will get destroyed if I go into this NFT playing field. If you know you are not a sly bastard, dont go into the field of high especulation and unpredictability. No one is saying they deserve it, but its also baffling how naive you can be in an enviroment where most is at each others throats in order to get the most profit possible. Yeah, fuck Logan Paul and his entourage, I hope they lose every single dime, but the investors, who were also playing the game of "I will come in cheap and I will get more value out of the people that come in later and maybe sell it to them for cheaper as well" are not saints either. Its harder for someone to get scammed if they know what they perform in an area that there is plenty of rules and knowledge. Its still happens, of course, but this also serves as a cautionary tale for everyone. Dont put a piece of juicy meat around your neck and jump into the lion's den, even more so if you dont know what you are doing.
@@lyven9872 even if no one said anything they still wouldnt come out and say anything, they will fool themselves into believing they did not lose, just so they dont realize how dumb the thing they did was
@@lyven9872 even if no one said anything they still wouldnt come out and say anything, they will fool themselves into believing they did not lose, just so they dont realize how dumb the thing they did was
This is the third time I’ve watched this vid. Once when Coffeezilla initially dropped it, once when Moist Charley reacted, & now once for Asmon’s reaction. Quality content.
@@kevinwebster7868 When I said “quality content” I was specifically talking about Coffee’s vid. Me effectively watching it 3 times is a testament to the quality of the original vid.
I mean, it does make sense that you would not trust these people and not give them your money but on the other hand when I saw the image of Logan (if I'm not mistaken) attending a pretty expensive sport event and he is like 'i do not care about anything' i do want all these people get what they deserve (hopefully Karma do exists)
@@PeachDragon_ I honestly cant tell if you're being serious, people fucking with the wrong one, happens literally all the time. You phrase that like you come from a place of experience but honestly it sounds like you have zero life experience.
Karma is real. The thing is it may not show up with this specific thing, but one day, it will back fire in his face. The fact he got scam by his partners show how little insight he has with his surrounding. Someday, one of those guy will throw him so hard under the bus that he will wish to never have participated in any of this. The guy is smart but he is playing with smarter and more experience scammer. If he want to survive he should end it now before it happen.
Everyone seems to be forgetting that it was cryptoking who 'came up' with the idea. Yet somehow he was only contributed an advisor role for 5%. Now this is seen as "Logan's project" and he gets all (most) of the heat while cryptoking is just seen as a minor character. Add to this his reaction on the phone "It seems your biggest problem is me selling" (and not me being the guy who started all of this) seems to further enhance this point. Even though there's no hard proof, it sure seems like this guy had the entire thing planned out right from the start...
Cryptoking was in 250k and wanted a lot more than 6 million. He had to cashout early due to Logan screwing him over. Eddie Ibanez initially marketed the coin and is the con artist of the idea. Logan was just pawn to use for them. Logan couldnt build the game over tokens.
Technically Cryptoking screwed Logan and the rest over first. He wasn't supposed to have that much from the start but decided to bot buy and invest more than what the group decided on. He just for some reason thinks that the group locking 5 of his accounts that he used to overbuy "screwed him over". Dunno how that logic works but he essentially got mad they gave him a slap on the wrist for breaking the original agreed upon amount. Which they then gave him some of it back too lmao.
This reminds me of when I worked for a call center back in the early 2000’s. It was for Police and Firefighters. At the beginning; didn’t know how it worked. Became an assistant manager; found out the two brothers who ran the place were wealthy because of their parents and set it up as a disposable income type of setup. Shitty offices, crappy tech, low wage workers. They paid telephone companies, whatever amount of money, and we got names, addresses on stacks of paper that we had to manually enter into the system overnight. I learned, as an assistant manager - we only donated between 1-10% of our earnings to the police and firefighters. People would donate hundreds and thousands of dollars. Our callers, at the time would make like $6.25 an hour and would get anywhere from a $25.00-$100.00 cash bonus. Man, thinking back on it, I was a stupid kid who didn’t understand we were being used to rob people.
This is how all charities work. So long as they do what their statutes say (and it's best when they are vague on concrete action such as "raising awareness), it doesn't matter how much of their proceeds actually get to that target. All the employee wages, executive bonuses and other costs of doing business come first - and we all know how easy it is to inflate them, circle the wagons and make everything appear legit that only a single digit percent of the proceeds actually gets to where the donator thought it would.
Nobody deserves to get scammed and scammers should face punishment. That being said, I have a really hard time feeling bad for the investors at the end there. They made the conscious decision to put their trust, faith and money into Logan Paul of all people. Logan Paul! At that point just give all your money to charity, at least it has some use and doesn't end up in the pocket of a POS that doesn't even need it in the first place... Edit: And as it turns out I still have too much faith in humanity because as someone pointed out, these investors probably just wanted to join in when the project was inevitably pulled which is a much more believable theory than adults trusting in Logan Paul. Fuck them!
People who believe in this shit deserve to get scammed. They dont deserve a freeroll just because they claim to be naive. They all got in to make money, and they lost.
Scams have no bearing of intelligence. It can happen to anyone including Asmongold. Watch more coffeezilla and phone scam channels and you will see its more a matter of right place right time along with psychological manipulation which is exponentially more powerful with parasocial relationships. It may seem weird to you to invest in someone like Logan Paul but its the parasocial manipulation that allows scammers bypasses the reason and logic not to give the benefit of the doubt.
Every day millions of people do crimes and i cant understand why people expects otherwise from most around themselves. Any animal must learn about dangers to survive and expect death from anything they don't fully understand, but humans seem to think otherwise.
I love how when ethics meets the law, everyone is oh no do not break the law, but it is ok to do something unethical long as it is not illegal. And we wonder how bad things happen... lmao.
Vlad the Impaler:" Yeah I killed 80 thousand people, but look at Hitler, he killed more people so I am the good guy". Hitler:" Yeah I killed 17 million people, but look at Stalin, he killed more people so I am the good guy". Stalin:" Yeah I killed 23 million people, but look at Mao, he killed more people so I am the good guy". Mao:" Yeah I killed 78 million people, but look at Genghis Khan, he killed more people so I am the good guy". Genghis Khan, who killed 100 million people:"Amateurs".
@@casecold1864 yeah I realize that, but you never know, if someone lost their life savings they might say fuck it and decide to kill Logan or whatever. It does happen. Check murder statistics, it happens all the time for a lot less.
The truth is all those who lost money are scammers and one soft admitted to knowing its a scam. "Thought I'd lose or make money based on timing" Meaning I thought I could exit this crypto pump and dump before the dump. They were just surprised it was scammed that hard and are looking for retribution by giving a bs sob story. Anyone dropping over 10k on crypto bets knows what they are doing. They are betting they can pull out before Coming and they are mad this was pre mature.
The incredible amount of backstabbery in the last part of this made me completely forget that the *entire* thing was a scam. I was like "Well, yeah CK screwed them over so they screwed him over so he screwed them over..." and that's that but there's the last part "...which they did by screwing over who knows how many innocent people from the start." This was a fucking journey, man...
The victims' opinion bit at the end make me think the internet gonna rip these guys to shred for that huge L they took and still being so naive and gullible.
Logan and Crypto King both went into this with the intent of gaining the lion's share of wealth regardless of the expense to others. It's clear Jake knew this fact early on and beat the inexperienced Logan to the finish line. Logan made the mistake of going against someone vastly better at this style of financial play
this really feels like a half successful scam by the crypto king. he got logan to basically front everything and ultimately became the face of the whole idea that HE initiated. he obviously wanted it to succeed more than it did but purely so he could sell and make even more on launch and then he was going to dip regardless.
This video (I've seen the original before, just passively had this on) really makes me think Asmon really lives in a DARK world over there, his reaction to people not expecting to get scammed by one of the most public people on the internet, without repercussions.
49:45 This poor fella…he got scammed but still thinks the other NFT isn’t a scam…thinks he will actually get to meet Logan Paul. Not only that, he thinks Logan wouldn’t have seen this video by then…and he thinks Logan would actually be sorry “once he sees what he did..” He reveals his whole family was invested and in part 1 says he lost $40k…..it blows my mind that someone this naive has this much money to do this. Just…no dude. No. Yiiiiiiikes. I hope a lot of the scammers are held accountable but wishful thinking.
Runescape taught me about scammers reeeeeal early. Don't trust anyone promising something free, don't follow people to get treasure in the wilds, ALWAYS look twice before you take. Sometimes you can get something for free, some dude with billions like "oh you want something cool? Have this" Guess you gotta learn when you are giving your power away and turn away there, boundaries! Where's that button that if you click it, deals a deal and now you're out your hard earned gold and got some useless shit in return.
The sad thing is with those that invest large sums into what turn out to be scams they're often in denial. It's all how this one just didn't work but the next one will. It's however amusing in respect of those behind it to see there appears to really be no honour among thieves.
I remember many years ago one of these scammers told Coffeezilla he'd amount to nothing, and to change his name, "wtf is 'coffeezilla' that's a dumb name". The man can't stop winning
how is logan paul still with the guy that sold him fake booster boxes. More confusing is how he still doesn't put two and two together that jake is still scamming him.
I know sooo many people that think history in highschool was boring and should not be taught at all. THIS. THIS IS WHY HISTORY IS IMPORTANT!! If you don't know the past you are willfully going into the future blind! So much of what will happen has already happened. History repeats itself constantly because we refuse to learn from it and while this isn't the most important example of that, it sure is the most high profile example!
Did these guys who bought into Logan Paul's scam never read Jack and the Beanstalk? It's hard to feel sorry for adults who bought magic beans (eggs) thinking it would make them rich.
10:23 well, that's the risk with this stealth stuff: someone looking at the transactions can catch onto it, leverage the high volatility and trade in. Of course also someone in on the scam can do some underhand deals on the side.
The way your describing the way that they're not able to comprehend that someone won't give af about them is completely correct, we can't really hope for them to wakeup anymore , we legit have to acknowledge that a big majority of adults are walking teenagers In a older body, so we gotta treat em that way till they learn more since they didn't in their actual childhood😂
Jake: You get my backup tokens too? Logan: FUCK Logan's manager: What youve just done is illegal. Do not sell the coins! Logan aborts. Nothing here is technically illegal except for maybe what Logan did, but because he didnt sell or earn a profit, itd be hard to charge him.
/whoosh moment Dude was saying he SHOULD be a man and cop to what he did. He wasn't saying that he's going to. Hell, he isn't even saying Logan should admit to scamming people. There's a HUGE gulf between silcence and admitting to fraud, most of which involve speaking up. But, Asmon does like to take every opportunity to point out victims of scams are to blame.
Cryptoking scammed Logan. Logan scammed Cryptoking. Eddie was probably scamming everyone from the start. Trade bots won. Everyone else lost, especially the people who bought the eggs.
If Logan vows to pay the investors their money back and follows through. It might save him, he can actually do it without losing much judging from his networth.
At the end this got really close to victim blaming.. Yes, don't be stupid and don't give away your money. But they are still victims, and the fault is with the scammers who should be behind jail. No amount of naivety or stupidity on the part of the victims changes that.
After watching this again.. I find it interesting how Eddie was able to finesse Steve Ross ceo of the Miami dolphins. Steve Ross is more than likely a huge con artist himself who somehow got in charge of a wayward franchise. The nfl actually suspended Ross for some of the 2022 season as the league continues to investigate him. I'm referring to the text messages at the 320 time stamp.
I still cannot believe Logan has not been put on trial or at the very least been publicly humiliated, loosing his fame and followers over all this BS. He is literally doing this for the FIFTH TIME IN A ROW! FFS how many chances does one man need? Wasn't his verture into that one forest enough for people to say 'i do not Trust this guys sanity'?
That part where he was talking about their pure Naivety / lack of emotional understanding was spot on as to why they are targets to this. I was similar till ~16-18 where I did a big Dota 2 trade "on loan" so the guy could get the rest of it and I would do the rest of mine after. The dude ghosted and walked away with about a 20 dollar mismatch at the time (now? more like 80$ or more). That was probably the first time I was truly finessed and backstabbed and after that I became far more suspicious of anything online. If it's done in stages it's minimal upfront, quadruple verifying that what I am getting is exactly what I want and there is no chance for them to switch it out, and trying to figure out from the get go what they want (this one is mainly Tarkov/Rust and the like, but I am not weakening my position for a second until I am fairly certain that you have no reason to want to kill me), etc. Those people remind me of that teenager me that can not comprehend that someone doesn't care at all if they actively fuck someone over. That you don't matter at all to them and could die the next day directly because of what they did and they wouldn't even know about it and probably wouldn't give a shit anyway (or invent some reason why it's not their fault and go with that).
Eddie was kings inside men. Hence why their actions were similar and why king got the freedoms after he was fully frozen. Or they all in this together and just needed someone to come out as the bad guy so logan can go ahead with the next scam
7:54 Wouldn't that be some form of insider trading to buy a significant amount of the supply, right before an announcement made by themselves that would definitely drive the price up? These tokens would be some form of OTC security. I was not able to verify whether that is legal or not, the Wikipedia article only says insider trading is for publicly traded companies stock or securities. All of this seems wildly unregulated. This would probably fall under wire fraud actually.
Why are you shitting on people that got scammed?? Naive or not they are not at fault they expected the product to be delivered to them , as 99.9% would expect as well?? So kinda wtf ...
With the arrest of SBF the ftc and other departments may start to look more into how many of these cases they can make examples of. If enough precedent is set on crypto currency in that case, it could make others a lot more probably. It's a huge long shot, but who knows. Although assuming they do ever try to investigate or charge anyone involved, Coffezilla has been asked to provide any investigation findings to the FBI multiple times on people who do actually get charged that he's covered.
I will always have and always will say influencers are the least people you should trust. especially investing and spending money on them. 99% are scammers. Only a handful of influencers that are genuine to their audience.
I feel bad for good people who are taken advantage of, purely because it means that assholes are benefiting from fucking over innocent people. Idiots often can't help that they're naive, or that they take people at their word, because to them someone's word means something, because their promises do. It's reality that this happens of course, but I think those who intentionally act unethically without remorse deserve to be on blast and punished. The system is pathetic and so it's up to the public to publicise and shame those who act unethically.
The people taken advantage of here are anything but good people. They themselves are fully aware they were trying to participate in a pyramid scheme and cash out before all the other late suckers can. They lost their money due to greed and idiocy, trusting a known scam artist, a known scam artist, and a somewhat know scam artist.
Always bafflin to me how people made this guy "famous" when all he did back in the day was make cringe vines that contributed nothing to society and to this day he still doesnt
9:00 ya you cant buy a million dollars worth of coins in presale because there aren't enough buyers to get out later on without affecting the stock price.
going to the PS5 analogy, its also like they have had their PS5 stolen from their car overnight only to go and put another PS5 in the car to leave overnight again in the hopes that it will still be there in the morning
I'm still at a loss who looks at Logan Paul and thinks I'm gonna give this guy $500,000 of my money? I wouldn't give him ten bucks to hold for me! FFS!
+1
Would you invest in asmongolds "project" if he promised and was talking about how mich fun and money you could make?
@@nickgman3592 No, any of these 'Project's' are designed to remove money from your pocket and put it into the pocket of whoever is pushing it! You can't take something that has no value and make it valuable!
Asmon legit told everyone he would scam the shi out of you no shot lmao ofc I won't 😂
I thought he wasn't a complete twat still but I didn't know he was doing crypto scams, also if any TH-camr promoted a crypto is immediately assume it's a scam just like established titles
This is some of the best investigative journalism I've ever seen on the internet,
Coffeee is a machine. We need to protect that mofo at all costs
CoffeeZilla is the goat
Bearly sociable, lemino are also great but in another field
And yet TH-cam refuse to put Coffeezilla's videos on trending page. Despite it getting 2.8 million views in a day...
@@aye3678 how can you check these? I'm curious now
"The team as a whole, $1m."
"The code was held hostage for $1m."
"My company invested $1m into the project, and we did not receive a dime from it, so I locked the code."
One of these statements is true.
@@RichSmithson This kind of thing is super common so, I believe this also.
sounds like as soon as Logans manager found out, he made logans team not sell any coins. prolly the smartest thing. abort the scam when youve gone into illegal territory.
quite common in Remote IT work especially if they offer to give you salary monthly. thats like 1 month free work for the scammers (more if the scammers says they have to delay the payment). and you thought with these veterans, they would discuss a weekly salary or 2 weeks salary.
Two lies one truth
How anyone trusted this kid with their money, I will never understand..
People with enough money to not care if they get scammed.
People want to get in fast on the new hottest project regardless of its founders, plus this one had Logans name on it after the "redemption" arc he's had, none of the victims wanted to "play" the game. Its all greed
To be fair he has a lot of viewers on TH-cam who aren't exactly old enough to think for themselves.
It's wonderful how a platform like TH-cam will allow sleazy scumbags like this to stay on the site because they've got a big audiencence.
@@Shenthusiast Yes, most just greedy people want to enter early in any project hoping other greedy people enter too then they get out with profit. Basically stupid people hoping to get money from more stupid people.
desperate people
Everyone is so blinded by greed it's hard to be sympathetic to anyone
Supirsed know one commented on this....
I watched coffeezilla 3 parts videos 3 times. Once from Coffezilla channel, once from moisty, once from Asmongold. Still feel so epic ROFL
Yep, I'm in the same boat
Same lol
I watch the XQC react
@@sighRNG bruh he added 5 minutes to coffee. Asmon doubled the time and added 30 wtf
Same. Been an interesting ride. Hats off to Coffeezilla.
What’s sad is the people who were scammed are as naive now as they were when they were scammed. They can’t see why investing and helping promote Logan and his ilk is why they lost and contributed to many more people losing money.
110% they would invest in him again if he just goes "I'm sowwy I was just a kid this time it's different"
@@seekittycat that’s sad and very likely true
The NFT "meeting with Logan Paul" was some of the saddest I've seen. Who believes he's going to honor that promise? Maybe now that the heat is on.
@@blackhat4206 the money is gone, all the original people have scalped the pile, so he would be paying out of pocket (which he would never do for his fans).
@@nom6758 Obviously. I don’t think finishing this “project” should even be considered. I was referring to a separate NFT involving “right to a meeting with Logan Paul” which I don’t expect him to honor in the first place. Especially if Logan knows it’s a fan/victim claiming the meeting to show him how this more recent NFT scam has affected his family. Two different scams, most likely.
Has a single one of Logan Paul's Crypto Ventures not been a scam FFS! And he's launching another one! With the same BS lines as the last five!
"Fool me once, shame on you. Fool me twice..."
@@TaroTimes Fool me can't get fooled again!
What about his 99 original bs thing he did how much money he earn while doing youtube of it it's like he got paid in bags
@@raymondhill7837 Old Dubbaya Bush! 😂👌
99% of crypto is a scam
Bro. No one has a better take on most things than Asmon. Commentary is pure gold.
Yeah, if only he had the balls to debate his opinion in real time instead of reacting well after the fact.
@@mick7727 Some people just aren't debaters and that's okay. Especially when a lot of debating is just manipulating tactics and mud flinging lol.
Logan Paul, gathers shady characters and scammers "who already scammed him in the past, aka Crypto King" to scam his fans, gets scammed instead. What a story.
Its like a Rogue's Gallery of scammers
"it's a game", they just aren't on the same team.
I see a lot of people hating(lack of a better term) on the investors and I can see why it's just I think more people need to take a more empathetic approach. I used to work in banking and one of the things I was trained in was scams and fraud prevention. You'd be surprised who would come in and say they were scammed out of their money. It can happen to ANYBODY, even the people who say the victims are naive. Even Asmongold. All it takes is someone who is cleverer than you and everyone hates admitting someone got the best of them. I've been scammed while I worked in banking, didn't lose money but came close.
Have some empathy for the victims because regardless of how you feel about them and what you may think of yourself it can happen to you.
This. The shaming these people are doing is also the reason these scams continue to happen, and why victims refuse to admit they’ve been scammed. They know they did something dumb. The last thing they want is someone who would not only point that out, but also shame and humiliate them for that
both things can be true. Im an adult and I know I will get destroyed if I go into this NFT playing field. If you know you are not a sly bastard, dont go into the field of high especulation and unpredictability. No one is saying they deserve it, but its also baffling how naive you can be in an enviroment where most is at each others throats in order to get the most profit possible.
Yeah, fuck Logan Paul and his entourage, I hope they lose every single dime, but the investors, who were also playing the game of "I will come in cheap and I will get more value out of the people that come in later and maybe sell it to them for cheaper as well" are not saints either.
Its harder for someone to get scammed if they know what they perform in an area that there is plenty of rules and knowledge. Its still happens, of course, but this also serves as a cautionary tale for everyone. Dont put a piece of juicy meat around your neck and jump into the lion's den, even more so if you dont know what you are doing.
both things can be true. Im an adult and I know I will get destroyed if I go into this NFT playing field. If you know you are not a sly bastard, dont go into the field of high especulation and unpredictability. No one is saying they deserve it, but its also baffling how naive you can be in an enviroment where most is at each others throats in order to get the most profit possible.
Yeah, fuck Logan Paul and his entourage, I hope they lose every single dime, but the investors, who were also playing the game of "I will come in cheap and I will get more value out of the people that come in later and maybe sell it to them for cheaper as well" are not saints either.
Its harder for someone to get scammed if they know what they perform in an area that there is plenty of rules and knowledge. Its still happens, of course, but this also serves as a cautionary tale for everyone. Dont put a piece of juicy meat around your neck and jump into the lion's den, even more so if you dont know what you are doing.
@@lyven9872 even if no one said anything they still wouldnt come out and say anything, they will fool themselves into believing they did not lose, just so they dont realize how dumb the thing they did was
@@lyven9872 even if no one said anything they still wouldnt come out and say anything, they will fool themselves into believing they did not lose, just so they dont realize how dumb the thing they did was
Logan was born on April 1, 1995. This man was literally born on FOOL'S DAY, what more do you expect of him?😂😂
Hey hey hey IT'S NOT MY FAULT I SHARE MY B'DAY WITH THIS FOOL WE ALREADY GOT IT HARD OKAY 😭
Ew he shares my birth year lol
This is the third time I’ve watched this vid. Once when Coffeezilla initially dropped it, once when Moist Charley reacted, & now once for Asmon’s reaction. Quality content.
LOL SAME!
Nah. It just shows how most TH-camrs are incapable of making their own content so they have to feed off those that do. It’s absolute garbage.
@@kevinwebster7868 When I said “quality content” I was specifically talking about Coffee’s vid. Me effectively watching it 3 times is a testament to the quality of the original vid.
@@kevinwebster7868then why are u watching it you could just not click on the video
"Grampa, what did you do for fun back in the day?" "Those were wild times, Timmy. I did what I had to. We all did."
No honor among thieves 😂
I mean, it does make sense that you would not trust these people and not give them your money but on the other hand when I saw the image of Logan (if I'm not mistaken) attending a pretty expensive sport event and he is like 'i do not care about anything' i do want all these people get what they deserve (hopefully Karma do exists)
hard to give logan money when all he will do with it is go to japan and laugh at a dead body for views
Karma doesn’t exist and nothing is going to happen to Logan.
There should be consequences, but there won’t be.
@@PeachDragon_ I honestly cant tell if you're being serious, people fucking with the wrong one, happens literally all the time.
You phrase that like you come from a place of experience but honestly it sounds like you have zero life experience.
@@PeachDragon_ Or in Super Rare case, the bad guy fuck up the wrong person, but that very person did something even worse than the bad guy.
Karma is real. The thing is it may not show up with this specific thing, but one day, it will back fire in his face.
The fact he got scam by his partners show how little insight he has with his surrounding. Someday, one of those guy will throw him so hard under the bus that he will wish to never have participated in any of this.
The guy is smart but he is playing with smarter and more experience scammer. If he want to survive he should end it now before it happen.
The hustler became the hustled, how the tables have turned
Seems to me like the table just kept spinning the whole time.
More like how the round table constantly spinning.
Haha. Yep! I love the fact that the scammers all scammed each other.
Everyone seems to be forgetting that it was cryptoking who 'came up' with the idea. Yet somehow he was only contributed an advisor role for 5%. Now this is seen as "Logan's project" and he gets all (most) of the heat while cryptoking is just seen as a minor character. Add to this his reaction on the phone "It seems your biggest problem is me selling" (and not me being the guy who started all of this) seems to further enhance this point. Even though there's no hard proof, it sure seems like this guy had the entire thing planned out right from the start...
Cryptoking was in 250k and wanted a lot more than 6 million. He had to cashout early due to Logan screwing him over. Eddie Ibanez initially marketed the coin and is the con artist of the idea. Logan was just pawn to use for them. Logan couldnt build the game over tokens.
Technically Cryptoking screwed Logan and the rest over first.
He wasn't supposed to have that much from the start but decided to bot buy and invest more than what the group decided on. He just for some reason thinks that the group locking 5 of his accounts that he used to overbuy "screwed him over". Dunno how that logic works but he essentially got mad they gave him a slap on the wrist for breaking the original agreed upon amount. Which they then gave him some of it back too lmao.
This reminds me of when I worked for a call center back in the early 2000’s. It was for Police and Firefighters. At the beginning; didn’t know how it worked. Became an assistant manager; found out the two brothers who ran the place were wealthy because of their parents and set it up as a disposable income type of setup. Shitty offices, crappy tech, low wage workers. They paid telephone companies, whatever amount of money, and we got names, addresses on stacks of paper that we had to manually enter into the system overnight. I learned, as an assistant manager - we only donated between 1-10% of our earnings to the police and firefighters. People would donate hundreds and thousands of dollars. Our callers, at the time would make like $6.25 an hour and would get anywhere from a $25.00-$100.00 cash bonus. Man, thinking back on it, I was a stupid kid who didn’t understand we were being used to rob people.
This is how all charities work. So long as they do what their statutes say (and it's best when they are vague on concrete action such as "raising awareness), it doesn't matter how much of their proceeds actually get to that target. All the employee wages, executive bonuses and other costs of doing business come first - and we all know how easy it is to inflate them, circle the wagons and make everything appear legit that only a single digit percent of the proceeds actually gets to where the donator thought it would.
Nobody deserves to get scammed and scammers should face punishment. That being said, I have a really hard time feeling bad for the investors at the end there. They made the conscious decision to put their trust, faith and money into Logan Paul of all people. Logan Paul!
At that point just give all your money to charity, at least it has some use and doesn't end up in the pocket of a POS that doesn't even need it in the first place...
Edit: And as it turns out I still have too much faith in humanity because as someone pointed out, these investors probably just wanted to join in when the project was inevitably pulled which is a much more believable theory than adults trusting in Logan Paul. Fuck them!
People who believe in this shit deserve to get scammed. They dont deserve a freeroll just because they claim to be naive. They all got in to make money, and they lost.
Scams have no bearing of intelligence. It can happen to anyone including Asmongold. Watch more coffeezilla and phone scam channels and you will see its more a matter of right place right time along with psychological manipulation which is exponentially more powerful with parasocial relationships. It may seem weird to you to invest in someone like Logan Paul but its the parasocial manipulation that allows scammers bypasses the reason and logic not to give the benefit of the doubt.
Yeah donate to a charity so the charity officers can pocket 90% of the money instead.
@@lukassiqueira314 There are ways to differentiate between charities. Check out resources like GiveWell.
Every day millions of people do crimes and i cant understand why people expects otherwise from most around themselves.
Any animal must learn about dangers to survive and expect death from anything they don't fully understand, but humans seem to think otherwise.
I've waited days for this specific video.
Coffee ending careers and sunnyv writing the inscription in their graves afterwards.
and reactors laughing and pissing on the graves
And Legal Eagle describing how they fall from legal perspective
Ultimate duo
I love how when ethics meets the law, everyone is oh no do not break the law, but it is ok to do something unethical long as it is not illegal. And we wonder how bad things happen... lmao.
Then there are people who try to do illegal but ethical things 😂
That's because nowadays nobody gives a fuck about loyalty and integrity, greed is at an all time high.
Crypto King being the Crypto king that really made me laugh 😂
guess that's why we abolished monarchism.
"there's a lot of worse people out here than me" I'm sure Hitler use to say the same thing before his bedtime.
Vlad the Impaler:" Yeah I killed 80 thousand people, but look at Hitler, he killed more people so I am the good guy".
Hitler:" Yeah I killed 17 million people, but look at Stalin, he killed more people so I am the good guy".
Stalin:" Yeah I killed 23 million people, but look at Mao, he killed more people so I am the good guy".
Mao:" Yeah I killed 78 million people, but look at Genghis Khan, he killed more people so I am the good guy".
Genghis Khan, who killed 100 million people:"Amateurs".
“It’s not about what you know, it’s about WHO you know”… That is more true than you can ever imagine.
Hard to imagine these guys aren't afraid of scamming, especially Logan. Some people may want revenge, deadly revenge.
@@casecold1864 yeah I realize that, but you never know, if someone lost their life savings they might say fuck it and decide to kill Logan or whatever. It does happen. Check murder statistics, it happens all the time for a lot less.
Only the lowest in the darwinism chain fall for logans bs
The truth is all those who lost money are scammers and one soft admitted to knowing its a scam. "Thought I'd lose or make money based on timing"
Meaning I thought I could exit this crypto pump and dump before the dump. They were just surprised it was scammed that hard and are looking for retribution by giving a bs sob story. Anyone dropping over 10k on crypto bets knows what they are doing. They are betting they can pull out before Coming and they are mad this was pre mature.
If you educate your daughter to look up to Logan... you've a major issue bringing up kids
The incredible amount of backstabbery in the last part of this made me completely forget that the *entire* thing was a scam. I was like "Well, yeah CK screwed them over so they screwed him over so he screwed them over..." and that's that but there's the last part "...which they did by screwing over who knows how many innocent people from the start."
This was a fucking journey, man...
The victims' opinion bit at the end make me think the internet gonna rip these guys to shred for that huge L they took and still being so naive and gullible.
So just like in the entertainment business, the people in crypto are reinventing the wheel and declaring themselves to be super awesome for it.
How can you say he needs redemption saga. He needs to go to jail for many years
The first step in redemption arcs is usually some form of accountability so that would still work.
Forget tate, Crypto King is the real top G.
Logan and Crypto King both went into this with the intent of gaining the lion's share of wealth regardless of the expense to others. It's clear Jake knew this fact early on and beat the inexperienced Logan to the finish line. Logan made the mistake of going against someone vastly better at this style of financial play
this really feels like a half successful scam by the crypto king. he got logan to basically front everything and ultimately became the face of the whole idea that HE initiated. he obviously wanted it to succeed more than it did but purely so he could sell and make even more on launch and then he was going to dip regardless.
Looks like, made the tool think its his idea.
This video (I've seen the original before, just passively had this on) really makes me think Asmon really lives in a DARK world over there, his reaction to people not expecting to get scammed by one of the most public people on the internet, without repercussions.
49:45 This poor fella…he got scammed but still thinks the other NFT isn’t a scam…thinks he will actually get to meet Logan Paul.
Not only that, he thinks Logan wouldn’t have seen this video by then…and he thinks Logan would actually be sorry “once he sees what he did..”
He reveals his whole family was invested and in part 1 says he lost $40k…..it blows my mind that someone this naive has this much money to do this.
Just…no dude. No. Yiiiiiiikes.
I hope a lot of the scammers are held accountable but wishful thinking.
Love the coverage by reasonably honest creators i he hope gets some heat out of this.
Logan has agreed to talk to CoffeeZilla now but wants to do so on his show. CoffeeZilla has refused the show but would do a live stream.
Even if the "investors" were naive, the blame is still on the person trying to steal money from them.
Thas exactly how influencer here in our country did the scamming of crypto same modus
Runescape taught me about scammers reeeeeal early. Don't trust anyone promising something free, don't follow people to get treasure in the wilds, ALWAYS look twice before you take. Sometimes you can get something for free, some dude with billions like "oh you want something cool? Have this" Guess you gotta learn when you are giving your power away and turn away there, boundaries! Where's that button that if you click it, deals a deal and now you're out your hard earned gold and got some useless shit in return.
"Victims" like these are why Nigerian princes continue looking for people to help them move $25 million...
The only real difference between stealing and murder is that stealing is theft of some of your time, and murder is stealing all of your time.
The sad thing is with those that invest large sums into what turn out to be scams they're often in denial. It's all how this one just didn't work but the next one will. It's however amusing in respect of those behind it to see there appears to really be no honour among thieves.
When's the next Logan Paul project? Im saving up!!
@@scorch4299 Save up popcorn to sit back and watch as that one descends into chaos too lol
if asmon ever starts a business or anything of the sort that can be an investment, lets all remember not to participate in that
He's shady as hell 🤣
Seriously
I remember many years ago one of these scammers told Coffeezilla he'd amount to nothing, and to change his name, "wtf is 'coffeezilla' that's a dumb name". The man can't stop winning
"We trusted Logan"
Why in the world would you EVER do that?
I love what Asmongold says at the end as he's loading into Lost Ark. Very fitting lol
Its like a literal movie that we all could have seen how it would end. No honor among thieves.
they did bring it to themselves. Gotta know that scammers don't scam their fans, but their own group full of scammers aswell.
how is logan paul still with the guy that sold him fake booster boxes. More confusing is how he still doesn't put two and two together that jake is still scamming him.
I know sooo many people that think history in highschool was boring and should not be taught at all. THIS. THIS IS WHY HISTORY IS IMPORTANT!! If you don't know the past you are willfully going into the future blind! So much of what will happen has already happened. History repeats itself constantly because we refuse to learn from it and while this isn't the most important example of that, it sure is the most high profile example!
Its funny because you are pointing out that he may actually be "the crypto king"!
37:08 The Dark Knight analogy is GOLDEN. XD
Did these guys who bought into Logan Paul's scam never read Jack and the Beanstalk?
It's hard to feel sorry for adults who bought magic beans (eggs) thinking it would make them rich.
Jack and beanstalk has a much darker message. The person jack is a not a bad person however he ends up stealing from murdering the giant
10:23 well, that's the risk with this stealth stuff: someone looking at the transactions can catch onto it, leverage the high volatility and trade in. Of course also someone in on the scam can do some underhand deals on the side.
The way your describing the way that they're not able to comprehend that someone won't give af about them is completely correct, we can't really hope for them to wakeup anymore , we legit have to acknowledge that a big majority of adults are walking teenagers In a older body, so we gotta treat em that way till they learn more since they didn't in their actual childhood😂
Logan: I am that guy
Jake (that guy): that’s cute.
Jake: You get my backup tokens too?
Logan: FUCK
Logan's manager: What youve just done is illegal. Do not sell the coins!
Logan aborts.
Nothing here is technically illegal except for maybe what Logan did, but because he didnt sell or earn a profit, itd be hard to charge him.
I have watched like 3 versions of coffees report(original, moist, you) this has been my favorite 👌all were good tho
Basic lesson: stop trusting “influencers”
really basic lesson yet people keep falling for it. how dumb our society was
/whoosh moment
Dude was saying he SHOULD be a man and cop to what he did. He wasn't saying that he's going to.
Hell, he isn't even saying Logan should admit to scamming people. There's a HUGE gulf between silcence and admitting to fraud, most of which involve speaking up.
But, Asmon does like to take every opportunity to point out victims of scams are to blame.
Asmon has Reddit L takes when it comes to people being wronged.
His logic extends to women being r*ped because they dressed provocatively.
Cryptoking scammed Logan.
Logan scammed Cryptoking.
Eddie was probably scamming everyone from the start.
Trade bots won.
Everyone else lost, especially the people who bought the eggs.
yes perfekt Story for Hollywood also with an SBF movie, both could be good for a new Netflix series
If Logan vows to pay the investors their money back and follows through. It might save him, he can actually do it without losing much judging from his networth.
At the end this got really close to victim blaming.. Yes, don't be stupid and don't give away your money. But they are still victims, and the fault is with the scammers who should be behind jail. No amount of naivety or stupidity on the part of the victims changes that.
The fact anyone believes any project from Logan isn't a scam is wild
So, the scammers scammed each other from scammed money.
After watching this again.. I find it interesting how Eddie was able to finesse Steve Ross ceo of the Miami dolphins. Steve Ross is more than likely a huge con artist himself who somehow got in charge of a wayward franchise. The nfl actually suspended Ross for some of the 2022 season as the league continues to investigate him.
I'm referring to the text messages at the 320 time stamp.
I still cannot believe Logan has not been put on trial or at the very least been publicly humiliated, loosing his fame and followers over all this BS. He is literally doing this for the FIFTH TIME IN A ROW! FFS how many chances does one man need? Wasn't his verture into that one forest enough for people to say 'i do not Trust this guys sanity'?
That part where he was talking about their pure Naivety / lack of emotional understanding was spot on as to why they are targets to this. I was similar till ~16-18 where I did a big Dota 2 trade "on loan" so the guy could get the rest of it and I would do the rest of mine after. The dude ghosted and walked away with about a 20 dollar mismatch at the time (now? more like 80$ or more). That was probably the first time I was truly finessed and backstabbed and after that I became far more suspicious of anything online. If it's done in stages it's minimal upfront, quadruple verifying that what I am getting is exactly what I want and there is no chance for them to switch it out, and trying to figure out from the get go what they want (this one is mainly Tarkov/Rust and the like, but I am not weakening my position for a second until I am fairly certain that you have no reason to want to kill me), etc.
Those people remind me of that teenager me that can not comprehend that someone doesn't care at all if they actively fuck someone over. That you don't matter at all to them and could die the next day directly because of what they did and they wouldn't even know about it and probably wouldn't give a shit anyway (or invent some reason why it's not their fault and go with that).
Eddie was kings inside men. Hence why their actions were similar and why king got the freedoms after he was fully frozen. Or they all in this together and just needed someone to come out as the bad guy so logan can go ahead with the next scam
Awesome content keep digging into it make a four or five episodes
7:54 Wouldn't that be some form of insider trading to buy a significant amount of the supply, right before an announcement made by themselves that would definitely drive the price up?
These tokens would be some form of OTC security. I was not able to verify whether that is legal or not, the Wikipedia article only says insider trading is for publicly traded companies stock or securities. All of this seems wildly unregulated. This would probably fall under wire fraud actually.
Why are you shitting on people that got scammed?? Naive or not they are not at fault they expected the product to be delivered to them , as 99.9% would expect as well?? So kinda wtf ...
That seed comment made me laugh so hard!
With the arrest of SBF the ftc and other departments may start to look more into how many of these cases they can make examples of. If enough precedent is set on crypto currency in that case, it could make others a lot more probably. It's a huge long shot, but who knows. Although assuming they do ever try to investigate or charge anyone involved, Coffezilla has been asked to provide any investigation findings to the FBI multiple times on people who do actually get charged that he's covered.
We have a word for the victims of these scams : suckers. Don't be a sucker.
I will always have and always will say influencers are the least people you should trust. especially investing and spending money on them. 99% are scammers. Only a handful of influencers that are genuine to their audience.
soo a bunch of scammers scammed each other and somehow this is now a bad thing ?
People for some reason: yes I'm gunna give all my earnings to a celebrity yes
Out of all the ways to invest money out there, these clowns decided to give theirs to Logan Paul.
The main currency is trust. And to win on this you have to make trust going your way aka breaking it in the best highest exchange rate possible...
That was more Blade Runner than Matrix but still impressive
Logan: “I am that guy” source: trust me bro 😂😂
SBF: "You have much to learn CryptoKing"
I feel bad for good people who are taken advantage of, purely because it means that assholes are benefiting from fucking over innocent people. Idiots often can't help that they're naive, or that they take people at their word, because to them someone's word means something, because their promises do.
It's reality that this happens of course, but I think those who intentionally act unethically without remorse deserve to be on blast and punished. The system is pathetic and so it's up to the public to publicise and shame those who act unethically.
The people taken advantage of here are anything but good people. They themselves are fully aware they were trying to participate in a pyramid scheme and cash out before all the other late suckers can. They lost their money due to greed and idiocy, trusting a known scam artist, a known scam artist, and a somewhat know scam artist.
Always bafflin to me how people made this guy "famous" when all he did back in the day was make cringe vines that contributed nothing to society and to this day he still doesnt
The funniest thing is that the Crypto King could have get away with it if he just act better and stay silence... but he didn't
You know it’s a scam when someone says “it is for the children “
Never tell Coffee to not look into something. Unless you really do want him to look at it
9:00 ya you cant buy a million dollars worth of coins in presale because there aren't enough buyers to get out later on without affecting the stock price.
so that's why they can only put in a few thousand
going to the PS5 analogy, its also like they have had their PS5 stolen from their car overnight only to go and put another PS5 in the car to leave overnight again in the hopes that it will still be there in the morning
Crazy part is dani strobel logans assistant got away scott free with her money
Logan Paul will never change. He will never truly have a redemption arc, why would anyone think he would?!
I don't see how Eddie Ibanez isn't in jail for fraud.
Bro, CyptoKing actually Self-Reported lmao!
It's called insider trading and it's illegal.
Better ask why hes not in a jail??
look at the victims do these individuals seem intelligent to sue or to talk to the proper law enforcement?
Oh Logan has talked about it.
Look at what he’s said about Coffeevilla.