CryptoZoo and Logan Paul have been named as defendants in a newly filed class-action lawsuit, which alleges they stole millions of dollars worth of purchaser's cryptocurrency via a "fraudulent venture." In a court filing on Feb. 2 in the District Court of the Western District of Texas, plaintiff Don Holland alleged that Paul and executives at CryptoZoo "executed a 'rug pull'" by promising purchasers of the nonfungible tokens (NFTs) exclusive access to crypto assets among other benefits but ultimately abandoned the project and kept the funds. (Cointelegraph)