YouTube investigator Stephen Findeisen, also known as “Coffeezilla,” has accused artificial intelligence company Rabbit AI of participating in an NFT scam and trying to hide it. In a recent video on his channel, Findeisen shed light on the alleged involvement of Rabbit AI in the NFT space. According to Findeisen’s research, Rabbit AI, formerly known as Cyber Manufacture Co., raised $6 million for an NFT project called Gama. However, the company’s CEO, Jesse Lyu, distanced Rabbit AI from the cryptocurrency world, claiming that they would never be involved. Findeisen presented recordings contradicting Lyu’s claims, in which Lyu discussed ambitious plans for the Gama project, including investing millions and creating a groundbreaking NFT experience. Findeisen raised concerns about the allocation of the raised funds and criticized the overhyped nature of Rabbit AI’s R1 product. Other individuals, such as Josh Olin, the founder and CEO of WeGPT, have also expressed skepticism about Rabbit AI’s offerings, labeling it a scam. Previously, Coffeezilla gained attention for exposing YouTuber Logan Paul’s “scam” project CryptoZoo. Paul distanced himself from the project after its launch, and Coffeezilla alleged that it had been largely abandoned. Paul responded to the allegations by blaming the co-founders and advisors of CryptoZoo and threatening to sue Coffeezilla.
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.