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YouTube star ‘steals’ $500,000 from fans in crypto currency and is refusing to give it back

A YOUTUBE star allegedly scammed fans out of $500,000 in what has been described as a 'pump and dump' crypto scheme.

Paul Denino, who is also known as “Ice Poseidon,” has apparently received half a million dollars from fans in a crypto scam that was uncovered by YouTuber Coffeezilla, TheGamer reported earlier this week.

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, a YouTuber who investigates fraudsters.

The self-proclaimed "internet detective" shared discussing the scheme, as well as some snippets of a conversation he had with Denino.

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When confronted about the scam in the call with Coffezilla, Denino stated that "sometimes you have to look out for yourself," and that "part of the responsibility is on [the fans] as well, for putting too much emotion into it."

At one point in the interview, Coffeezilla stated that Denino could return the money if he wished, to which Denino replied, "if you want the answer, yeah I could give the money back, it is within my power, but I am going to look out for myself and not do that.

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Coffeezilla shared on a Twitter that after getting word of this story, Denino said he would return $155,000 of the money, but that has not been confirmed.

"After realizing a story would be run on this: Ice told me he was going to 'return $155K', which is a small fraction of what he took. However, he once again has lied, because to date--- only $40K has been returned to the liquidity pool," Coffeezilla tweeted.

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This is not the first time Denino has faced controversy.

In 2017, the streamer was banned from the Amazon-owned platform Twitch because of a publicity bomb hoax on an airplane.

Since then, Denino has streamed regularly on YouTube.

The Sun has reached out to Denino for comment but has not heard back at the time of this article being published.

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Twitch banned Denino off the platform in 2017Credit: Getty

In other news, Apple has revealed a bunch of new emoji for iPhone, including a pregnant man and two saucy symbols.

Experts have warned that future space launches could be jeopardised if "stupid" regimes like Russia don't stop blasting the skies creating debris.

And the most popular phone since the millennium has been unveiled, with many shocked to find out it's not an iPhone.

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