A U.S. magistrate judge has suggested dismissing Logan Paul’s former assistant, Danielle Strobel, from a federal class action lawsuit regarding the failed NFT project CryptoZoo. The recommendation, made by Magistrate Judge Ronald C. Griffin, states that the court lacks personal jurisdiction over Strobel, who held a 1% equity stake but did not publicly promote the project. The lawsuit accuses Paul and others of defrauding investors by marketing CryptoZoo NFTs and 'Zoo Tokens' with unfulfilled promises of a blockchain-based game. Plaintiffs allege they were misled into purchasing digital assets that rapidly depreciated, claiming the project was a pump-and-dump scheme. Judge Griffin noted that Strobel's involvement did not establish sufficient connections to Texas to warrant jurisdiction. The recommendation also denied the plaintiffs' request to amend their complaint. Meanwhile, Paul is pursuing a defamation lawsuit against YouTuber Stephen Findeisen, known as Coffeezilla, for alleging that Paul ran a scam. Both cases are ongoing, alongside Paul's NFT refund initiative. Read more AI-generated news on: https://app.chaingpt.org/news

#NFT