YouTuber Stephen "Coffeezilla" recently confronted the alleged crypto scammers who sponsored IShowSpeed's stream on November 16, 2022.
Many internet users criticized IShowSpeed for promoting Paradox Metaverse, a game that rewards players with Paradox Coin, a cryptocurrency alleged to be a scam, for completing objectives. This culminated in massive backlash that prompted the content creator to apologize to his audience.
Promising to expose Paradox Crypto, the company behind the project, Coffeezilla spoke to its founders for almost two hours during a livestream on November 17, 2022.
For those who don't know, the streamer is famous for exposing online scams, crypto schemes, and get-rich-quick programs. According to his Twitter bio, he is an "Internet Detective Exposing Scams" with over a million subscribers on YouTube.
During his livestream, Coffeezilla told the people behind Paradox Metaverse that he thought the structure they had was quite like a multi-level marketing or Ponzi scheme:
When the founders disputed that definition, stating that the average return for crypto projects was 20%, the YouTuber said:
The founders then brought up Hex as a possible alternative to substantiate their claims, but their host had none of it. The streamer said:
After arguing against these statements, the Paradox Crypto founders compared their company to Tesla, saying nothing holds up in the long run. However, Coffeezilla had a counter-argument, saying Tesla builds actual products like cars and, therefore, cannot be called a Ponzi scheme.
Perhaps the most contentious part of the conversation was when the YouTuber asked the founders a straightforward question, and they initially avoided answering.
Coffeezilla asked them:
He had to repeat the question
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