

Some only want to raise funds from innocent investors and disappear. However, not all projects in this space are genuine. The emergence of cryptocurrencies and blockchain technology has offered new ways for people to make money online. Moreover, supporters of those scam projects have attacked Coffeezila severally, with some threatening to track him down and attack him physically. Some of the influencers have taken legal action against the YouTuber. He, therefore, decided to start exposing bad actors in the crypto space.Ĭoffeezilla has faced backlash for calling out influencers who promote scam projects. When he learned about crypto, the YouTuber realized the nascent industry had a huge problem with scam projects, but only a few people were interested in addressing it. Coffeezila said that incident motivated him to start hunting down and exposing scammers. In 2022, podcaster Lex Freidman hosted Coffeezila in his show, where the YouTuber said he got interested in investigating scams while in college when he witnessed his friends being recruited to a scam project through a multi-marketing strategy. Why Did Coffeezilla Decide to Investigate Crypto Scams? Among the influencers that Coffezilla has exposed include Logan Paul, Jake Paul, and Dillion Danis. He became a prominent crypto player when he began revealing how most Web3 projects use well-known influencers to market pump-and-dump schemes. As stated earlier, Coffezilla focuses on identifying and exposing crypto scams.
