BBC Investigation: Influencer Logan Paul Profited from Promoting Cryptocurrency but Failed to Disclose Financial Interests, May Face Charges

2024-11-20 20:39:13

Collection

ChainCatcher news, according to a report by Cointelegraph, a BBC investigation has revealed that influencer Logan Paul is accused of profiting from promoting cryptocurrencies without disclosing his financial interests. The BBC's investigation uncovered evidence linking Paul to an anonymous crypto wallet, obtained through transactions associated with Paul's public wallet.

It is alleged that this anonymous wallet purchased the tokens before Paul promoted them to his 23 million YouTube followers and sold them for a profit after the price surged.

Reportedly, influencer Logan Paul has promised to provide refunds to users of the allegedly fraudulent NFT project CryptoZoo, on the condition that they waive their right to sue him.

(Source Link)

Related tags

Logan Paul cryptocurrency wallet NFT

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.