Former Twitch streamer and current YouTube content creator Paul “Ice Poseidon” Denino is at the center of controversy, as he has been reportedly exposed for operating a crypto scheme in which he allegedly scammed around $500,00 from his fans, and is keeping the majority of it, according to Kotaku’s Jeremy Winslow.
Coffeezilla, a YouTuber who investigates fraudsters and scams, posted a 23-minute video breaking down how the scam went down. Apparently, Ice Poseidon tricked his followers into investing in CxCoin, which is a platform that he founded for content creators to get donations via cryptocurrency.
However, Ice Poseidon reportedly took the money, around $500,000 in total, and kept around $300,ooo. The YouTuber allegedly bought a Tesla thereafter.
At the time of this writing, Ice Poseidon has not made a public statement regarding the allegations and reports, and has not responded to Kotaku, despite their reaching out.
