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So Logan Paul’s Liquid Marketplace allowed him to sell you % ownership of his assets.
If the asset increases in value, he can just buy them back at the original price without your consent as per the terms and conditions.
If the asset decreases in value, he won’t buy back the shares at all.
So investors had a 0% chance of upside as if there was any profit he’s allowed to just capture it all.
Essentially he set up a company to just borrow against his assets at 0% interest with buyers acting as the bank.
Not only that but you weren’t refunded to original payment method but actually you had to claim it on a website that he’d shut down.
The crazy part is given that by his own admission, he only actually sold 5.4% of the 51% he attempted to sell.
So even if he did ensure the holders had captured the full upside it would have 'only' cost him around $621,000 of the $16,500,000 he made from the sale to make the buyers whole on their upside.
But obviously, just as with CryptoZoo (his previous $6.5m crypto scam) he works really hard to make sure he gives as little as physically possible back to anyone who supports him.
Turns out the collectors of Logan Pauls 'Originals DAO' are also fractional owners of 1% of the card.

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