Close Menu
Cryprovideos
    What's Hot

    Tokenized Funds Are Quietly Reshaping Institutional Finance

    June 4, 2025

    Cloud Mining BTC Progress Technique in 2025: Earn Mining, Creating Steady Cryptocurrency Revenue

    June 4, 2025

    Bearish Predictions: Professional Suggests Bitcoin May Fall Far Under $10,000

    June 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto Sleuth Accuses Professional Gamer Of Stealing $3.5 Million
    Crypto Sleuth Accuses Professional Gamer Of Stealing .5 Million
    Crypto News

    Crypto Sleuth Accuses Professional Gamer Of Stealing $3.5 Million

    By Crypto EditorNovember 29, 2024No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Crypto sleuth ZachXBT has accused a former skilled gamer and cybersecurity analyst of serving to steal $3.5 million from quite a few memecoins scams. The on-chain detective’s investigation unveiled a connection between the Australian man and 9 crypto hacks.

    Former Professional Gamer Turned Crypto Scammer

    On Wednesday, ZachXBT alleged that former skilled Fortnite participant Serpent helped steal and gambled the funds from a number of memecoin scams orchestrated this 12 months. In an X risk, the crypto detective uncovered the connection between wallets linked to Serpent and people tied to the crypto scams.

    The investigator defined that some wallets associated to the previous professional gamer had “excessive publicity” to addresses concerned in a number of X and Instagram account takeovers (ATOs) in the previous couple of months.

    These embody the hacks of McDonald’s and Kabosu Proprietor’s Instagram accounts and the takeover of Usher, Wiz Khalifa, Andy Ayrey, SPX 6900, and three different X accounts. The hacks noticed the theft of $3.5 million from unsuspected traders that purchased the rip-off memecoins launched on Solana’s token launchpad Pump.enjoyable.

    Crypto Sleuth Accuses Professional Gamer Of Stealing .5 Million

    Hacks allegedly related to Serpent. Supply: ZachXBT

    As an illustration, McDonald’s pretend token, GRIMACE, reached a market capitalization of $25 million earlier than the hacker rug-pulled, sending round $700,000 to 2 wallets. The on-chain information analyzed confirmed that these two addresses had hyperlinks to different wallets concerned within the different eight scams, which moved the ill-gotten funds by means of a collection of transfers that ended at a on line casino deposit deal with, Ecb5vs.

    The crypto detective famous that Serpent launched in March 2024 a venture named ERROR. Per the submit, this venture rug-pulled and bought the previous professional gamer banned from X. Nonetheless, the ERROR deployer despatched 23 ETH in October to 2 instantaneous exchanges, acquired on the identical on line casino deposit deal with.

    ZachXBT identified that Serpent “gambles hundreds of thousands of {dollars} on Roobet, Stake, BC Recreation, and Shuffle every month, ceaselessly display screen sharing with mates on Discord.” Screenshots obtained by the on-chain sleuth confirmed that Serpent gambled no less than over $300,000 in a single single day this month.

    Serpent’s Historical past Of Alleged Scams

    Including to the accusations, the submit detailed that the previous pro-Fortnite participant was launched from the esports group Time beyond regulation in June 2020 after allegedly being caught dishonest.

    In 2022, he co-founded the NFT venture DAPE, which was additionally rug-pulled, based on ZachXBT. Serpent claimed to be a cyber safety analyst “specializing in advertising and marketing and safety” and to be growing Sentinel, the “first-ever anti-mass dm.”

    For the reason that investigator’s report, the accused has deleted all posts from his X account and adjusted his title and profile image. Primarily based on this, the crypto detective suspects potential hyperlinks to different ATOs he hasn’t related but.

    crypto

    Serpent's X account modifications. Supply: ZachXBT

    It’s price noting that the memecoin sector and the Solana-based launchpad used for Serpent’s alleged scams have been beneath fireplace for the latest controversial livestream saga, reigniting discussions across the cycle’s high narrative.

    As reported by Bitcoinist, Pump.enjoyable confronted backlash for “permitting” the misuse of its dwell streaming characteristic to advertise newly created memecoin utilizing dangerous, violent, and regarding ways.

    This incident quickly shut down the platform’s dwell streaming possibility. Furthermore, trade figures like Changpeng Zhao entered the dialog relating to memecoins utility, calling the favored tokens “a bit of bizarre” and urging the group to deal with constructing “actual blockchain” initiatives.

    Nonetheless, the tokens seemingly proceed to be many traders’ primary choose, with new web sensations reaching huge milestones amid the memecoin craze and the market’s bullish rally.

    crypto, Solana, SOL, SOLUSDT

    Solana (SOL) is buying and selling at $236 within the weekly chart. Supply: SOLUSDT on TradingView

    Featured Picture from Unsplash.com, Chart from TradingView.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    UNDER EXPOSED EP 28 – Macro, Summer time Crypto Outlook & InfoFi Overheats – Decrypt

    June 4, 2025

    $2.1B crypto stolen in 2025 as hackers shift focus from code to customers: CertiK

    June 4, 2025

    Coinbase CEO fears Bitcoin replaces greenback if US debt grows as Elon Musk requires firing of 215 Republicans

    June 4, 2025

    Deadline Set: Singapore Bans Crypto Service Exports Beginning June 30

    June 4, 2025
    Latest Posts

    Cloud Mining BTC Progress Technique in 2025: Earn Mining, Creating Steady Cryptocurrency Revenue

    June 4, 2025

    Bearish Predictions: Professional Suggests Bitcoin May Fall Far Under $10,000

    June 4, 2025

    Bitcoin Vs Ethereum: Who’s Social Media Rooting For?

    June 4, 2025

    Coinbase CEO fears Bitcoin replaces greenback if US debt grows as Elon Musk requires firing of 215 Republicans

    June 4, 2025

    Bitcoin (BTC) Faces Market Volatility Amid Financial Shifts

    June 4, 2025

    Czech Authorities Faces No-Confidence Vote Over $45M Bitcoin Scandal – Decrypt

    June 4, 2025

    New South Korean President Sparks Hope for Bitcoin ETFs and KRW Stablecoin

    June 4, 2025

    Bitcoin 3–5 Yr Holders Gradual Selloff—Ready for Increased Costs?

    June 4, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Rootstock Hits Milestones in Mining, However DeFi Faces a Downturn

    May 10, 2025

    U.S. Courtroom Seizes $2.5M in Crypto from Fraud Scheme

    May 25, 2025

    Ripple Co-Founder Suffers $150 Million XRP Loss In LastPass Hack, Crypto Sleuth Finds | Bitcoinist.com

    March 9, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.