Binance Hack Has Logan Paul Calling Crypto ‘a Scam’ Despite Cryptozoo Past

Logan Paul called crypto “a scam” following the $6.3 billion Binance hack, and critics were quick to point to his own Cryptozoo project. Youtuber and boxer Logan Paul has a new take on digital assets because, in a recent podcast appearance, when his longtime collaborator Mike Majlak told him, “Binance got hacked. $6,000,000,000 stolen.” Paul replied: Majlak’s figure tracked the official tally, with Binance itself estimating the total impact of the breach at around $6.3 billion , making it the largest crypto theft on record. As expected, the reaction drew instant pushback , with popular digital asset commentator Mario Nawfal noting: Cryptozoo was a non-fungible token (NFT) game Paul promoted that buyers say never launched as promised.

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