{"id":143484,"date":"2024-11-28T12:00:33","date_gmt":"2024-11-28T10:00:33","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143484"},"modified":"2024-11-28T11:02:20","modified_gmt":"2024-11-28T09:02:20","slug":"gamer-accused-of-stealing-3-5-million-in-crypto-fraud","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/gamer-accused-of-stealing-3-5-million-in-crypto-fraud\/","title":{"rendered":"Gamer Accused of Stealing $3.5 Million in Crypto Fraud"},"content":{"rendered":"<p>Blockchain investigator ZachXBT <a href=\"https:\/\/x.com\/zachxbt\/status\/1861450263925559399\" rel=\"nofollow\"><strong>linked <\/strong><\/a>SerpentAU to a series of account takeovers (ATOs) targeting prominent figures and organizations, such as McDonald\u2019s and the creator of the Kabosu meme coin.<\/p>\n<p>These hacked accounts promoted fraudulent cryptocurrencies, duping investors and funneling the proceeds to wallets tied to SerpentAU, who reportedly used the funds on gambling platforms like Stake and Roobet.<\/p>\n<p>SerpentAU\u2019s fall began in 2020 when he was dropped from Overtime Gaming after cheating allegations. By 2022, he co-founded blockchain projects like DAPE and ERROR, both of which collapsed under accusations of fraud. His transition to crypto scams deepened, leaving victims with significant financial losses and tarnishing his reputation further.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-143189\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>The revelations also shine a spotlight on the evolving methods of crypto fraud, where hackers exploit trusted social media accounts to target unsuspecting followers. This case serves as a cautionary tale about the dangers of unchecked influence and the need for better safeguards on digital platforms.<\/p>\n<p>For many, the scandal represents not only financial loss but also a breach of trust in public figures. Meanwhile, ZachXBT\u2019s investigation is yet another reminder of the vulnerabilities within the crypto space and the ongoing battle to expose its darker side.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SerpentAU, an Australian Fortnite YouTuber once admired for his gaming skills, is now implicated in a $3.5 million crypto fraud involving meme coin scams.<\/p>\n","protected":false},"author":3,"featured_media":80957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[424,111],"coin_category":[],"class_list":["post-143484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime","tag-crypto","tag-meme-coin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gamer Accused of Stealing $3.5 Million in Crypto Fraud<\/title>\n<meta name=\"description\" content=\"SerpentAU, an Australian Fortnite YouTuber once admired for his gaming skills, is now implicated in a $3.5 million crypto fraud involving ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/gamer-accused-of-stealing-3-5-million-in-crypto-fraud\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gamer Accused of Stealing $3.5 Million in Crypto Fraud\" \/>\n<meta property=\"og:description\" content=\"SerpentAU, an Australian Fortnite YouTuber once admired for his gaming skills, is now implicated in a $3.5 million crypto fraud involving ...\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" 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