US Judge Supports Logan Paul's Effort to Dismiss CryptoZoo Lawsuit

Judge's Ruling on Lawsuit: U.S. Magistrate Judge Ronald Griffin allowed Logan Paul's request to dismiss a class-action lawsuit regarding his failed NFT project, CryptoZoo, citing insufficient evidence linking him to the claims of financial loss.

Plaintiff's Claims Update Required: The judge urged the plaintiff to update their 27 claims against Paul, except for one related to commodity pool fraud, which he found confusing and lacking in legal support.

Paul's Defense and Co-founders' Role: Logan Paul has attempted to shift blame for CryptoZoo's collapse onto its co-founders, Eduardo Ibanez and Jake Greenbaum, but the judge noted that this could lead to inconsistent judgments since they have not responded to the allegations.

Refund Offer to NFT Buyers: In 2023, Paul offered refunds to CryptoZoo NFT buyers under the condition they would not sue, later refunding them 0.1 ETH, equivalent to the original purchase price from 2021.