Ice Poseidon, once a prominent Twitch streamer, was exposed for stealing approximately $500,000 from investors in his cryptocurrency project, CXCoin. Despite his history of openly admitting to scams, including a Ponzi scheme, people still invested in CXCoin. A recent video by Coffeezilla revealed that Ice Poseidon took the money and refused to return it, even admitting to the theft in an interview. He claimed he was looking out for himself and didn't see anything wrong with his actions. The video also showed Ice Poseidon attempting to justify his actions, claiming he saved the investors' money from potentially losing value. However, he ended up keeping $300,000 for himself and giving $40,000 back, not the $155,000 he initially promised. The situation has been met with shock and criticism, with many calling Ice Poseidon a serial scammer.
Here are the key facts from the text:
1. Ice Poseidon, a former popular Twitch streamer, was involved in a cryptocurrency scam.
2. He created a cryptocurrency called CXCoin.
3. Ice Poseidon took around $500,000 from investors in the cryptocurrency.
4. He admitted to taking the money in an interview with Coffeezilla.
5. Ice Poseidon stated that he would not return the money to the investors.
6. He claimed that he had done nothing wrong and that the investors were aware of the risks.
7. Ice Poseidon's real name is Paul Denino.
8. He was banned from Twitch in the past.
9. Ice Poseidon has a history of scamming people and has admitted to running a Ponzi scheme in the past.
10. Coffeezilla made a video exposing Ice Poseidon's scam and interviewed him about it.
11. Ice Poseidon initially agreed to return $155,000 to the investors but later reneged on this promise.
12. He eventually returned only $40,000 to the investors.
13. Ice Poseidon claimed that he had worked on the CXCoin project for only a couple of weeks.
14. He stated that he had made a profit of around $300,000 from the scam.