TechFlow news: YouTube investigator Stephen Findeisen, also known as "Coffeezilla," has accused AI company Rabbit of orchestrating an NFT scam and attempting to cover it up.
On May 21, Findeisen released a video revealing that Rabbit AI was formerly known as Cyber Manufacture Co., which raised $6 million for the NFT project Gama. Rabbit AI founder Jesse Lyu later stated the company would "never touch cryptocurrency" and described Gama as a "little fun project" he pursued during the COVID-19 pandemic.
Findeisen presented recordings in which Lyu outlined grand visions for Gama, raising questions about where the raised funds went. Additionally, Findeisen pointed out that Rabbit's R1 product is also subject to accusations of excessive hype, with some calling it an "AI scam."
