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Jake Paul in the mud for promoting another NFT rug pull as founders abscond with $6.3M By BTC Peers

by Mike Robinson

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© Reuters. Jake Paul for his promotion of another NFT Rug Pull as the founders go missing with $6.3M

Jake Paul, an American professional boxer, has participated in promotion of another NFT project. It may not have lived up to its billing. Investors could be missing $6.3 million.

Dubbed “Animoon,” the NFT project marketed itself as the most awaited play-to-earn game featuring 9,999 NFTs generated by an algorithm. Animoon insisted that its Pokémon-derivative NFTs valued at 0.2ETH each were created in partnership with the official Pokémon partners TopDeck. It even claimed that it had signed a non-disclosure agreement (NDA) with Pokémon themselves.

NFT projects are known to partner with celebrities to boost their popularity. Animoon decided to bring Jake Paul to the project, as he is known for being a serial fraudster. Paul sent a promotional video out to his fans, stating:

I’m just grateful to be a part of this project, […] I love the designs inspired by Pokémon – the whole nine yards. Me, personally, I’m gonna try and get a Legendary [Animoon] during the public mint, but y’all better not miss this. Prepare for the mint.

Unfortunately, Animoon failed to deliver upon its many promises after several investors were attracted to the project via Paul’s recommendation.

Products such as trainers and t-shirts due to be distributed to investors were not forthcoming, while cash rewards for the 15 ‘Legendary’ NFT holders are yet to be paid.

ZachXBT, a Crypto Detective from Texas used Breadcrumbs Analytics to prove that the $6.3 Million raised by Animoon was already transferred to Binance and KuCoin.

Jake Paul slowly building a name for himself in crypto as the man to trust when promoting good and bad projects without bias. In the past, he has promoted several trash projects, such as STICKDIX and Sacred Devils, earning him an estimated $2.2 million.

Animoon founders Mounir Mokaddem, Singainy Marc Oceane and Singainy Marc Oceane appear to have a long list of criminal enterprise names. According to sources, they are both currently residing in Dubai.

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