This Famous Livestreamer Stole $500,000 From His Fans
2,980,323
Published 2022-01-31
Paul Denino, or Ice Poseidon launched CXCOIN in July and told his skeptics that there was nothing to worry about... the money was "locked away"... this was a "long-term project".
It turns out this was all a lie. Paul Denino, Ice Poseidon admits now on audio for the first time that he was not telling the truth about this being a long-term project... instead he worked on it for about "2 weeks".
He took $200K from the presale wallet, there's now $250K from the marketing wallet that is missing and he admits to taking out over $290K from the liquidity pool of CXCOIN.
When asked if he's going to return the money, Paul Denino said he's going to "look out for myself". Today we're exposing Ice Poseidon's TRUE intentions behind CXCOIN and why the project has now crashed.
IF YOU'VE BEEN SCAMMED BY CXCOIN, PLEASE REPORT YOUR LOSSES AND STORY TO www.ic3.gov/
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This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napoleon Hill pitch
All Comments (21)
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The fact that he admitted to felony fraud, and is not arrested, is a true testimony to the state of American justice in the modern era!
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"I don't get it. Why is he confessing?" "He's not confessing. He's bragging."
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"we live in a post-consequence society" is so crazy but true. The scammer doesn't care, the fans don't care, and there's no law to involve. Nothing matters
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The fact that he name drops coffeezilla when explaining how he’s not a scammer just proves he is totally aware that he is a scammer
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He literally told the Internet what he would do... and people still gave him money.
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Stealing from stupid people is still stealing. Shame on Ice Poseidon.
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My favourite bit is the way he answered with worry in his voice: "Do you think people like you should be prosecuted?" "......uhm...no?"
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I will never understand how some people are so incredibly vulnerable to para social relationships that they will happily fork over their own cash to someone that already has plenty. Seeing people donate hundreds of dollars to the top 30 earning twitch streamers and youtubers whilst not being able to make ends meet on their own. it kinda feels like an addiction.
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He's the hero Youtube deserves. He's a silent guardian, a watchful protector, a Coffee Knight.
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Damn it’s crazy to see him go almost step by step through “The Narcissist’s Prayer” in that video: “That didn't happen. And if it did, it wasn't that bad. And if it was, that's not a big deal. And if it is, that's not my fault. And if it was, I didn't mean it. And if I did, you deserved it.”
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Don’t let people forget this happened. We live in a time where people forget about things and forgive far too easily. You should start a tradition of an end of the year highlight summary going over past scams that haven’t been addressed by law enforcement or haven’t been made right
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I cannot believe this guy is still not in jail. He is still livestreaming and doing his thing. Like how the hell is this guy still walking scott free
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The ending part where he said oh and you can also report this to the fbi if you've been defrauded, put a huge smile on my face. Get em' coffee ☕
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Also, when he said “that’s a shitty way to put it”, your response “it’s a shitty thing to do” you floored me I was rolling at that
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The fact that he is so unabashedly unashamed is frankly shocking. Something so needs to be done about these people…
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Man I love your videos. Very informative
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This interview is hysterical. It sounds like patrick and man-ray. "$300k is gone from the liquidity pool" "Yup." "And you took all of that. From your investors." "Makes sense to me." "So you rugpull-scammed $300k" "I wouldn't word it like that..."
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How is there still no legal action over this its absolutely mental
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You always hear about sketchy mobs and bad guys making people disappear.... where are the sketchy good guys that make bad people disappear?
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How do any of these people still have a fan base and a career…? Like the Pauls, who is watching those fools?
