In a recent video, crypto investigator Coffeezilla, exposes Rabbit AI for its suspected involvement in an NFT scam, shedding light on the company's dubious history.
Rabbit, formerly Cyber Manufacture Co., raised $6 million for an NFT project called Gama, which failed to deliver on its promises.
Despite Rabbit's CEO Jesse Lyu distancing the company from crypto, leaked recordings reveal ambitious plans for Gama, raising questions about the use of the raised funds.
Coffeezilla's investigation suggests Rabbit's current R1 project may be built on the remnants of the failed Gama project, further fueling suspicions.
Calls for transparency and scrutiny arise amid concerns of potential investor deception within the crypto community.