ZachXBT Exposes NFT Project Creator of Fabricating Hack to Buy DeGods and y00t
On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen sufferer to a hack.
The outstanding blockchain investigator’s findings as a substitute strongly recommended a deliberate switch of funds slightly than an exterior hack.
Kyle Accused of Faking Hack
Whereas investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT mission referred to as ‘NuddiesNFT,’ ZachXBT discovered a disturbing narrative of lies and deception. Nonetheless, the favored on-chain sleuth uncovered a unique story.
Inside hours of the purported hack, 94 SOL tokens value round $12,000 have been traced to an trade deposit handle. He then discovered a vacation spot transaction for 3.42 ETH, value round $11.7K utilizing time evaluation.
The Ether was then used to buy high-value NFTs, notably DeGods 2921 & y00t 10991, which have been promptly transferred to Kyle’s public ENS handle.
Kyle reportedly blatantly flaunted the ill-gotten good points, that includes the DeGods NFT as his profile image on social media platforms. This brazen show is compounded by their post-hack conduct, the place they shifted gears to share motivational quotes in Discord, seemingly oblivious to the blockchain’s indelible file of his actions.
ZachXBT’s newest investigation, nonetheless, serves as a sobering reminder of the transparency inherent to blockchain expertise regardless of the rampant scams and rug pulls.
Shortly after ZachXBT’s put up, Kyle deleted his X (previously Twitter) account.
As for NuddiesNFT, the mission mentioned that its creator pockets was replenished with $12K. The non-public keys, then again, have been entrusted to 2 neighborhood members. After eradicating Kyle, new house owners have been additionally roped in to watch the mission.
Whereas sure buyers remained hopeful concerning the mission, others declare that Nuddies is yet one more fraudulent NFT mission that may rug pull quickly.
ZachXBT Unmasking Frauds
ZachXBT has been exposing well-liked influencers for selling questionable tokens and initiatives, investigating suspicious exercise, and exposing fraudulent entities since 2021. His targets vary from Crypto Rover, BitBoyCrypto’s Ben Armstrong, Lark Davis, DannyCrypt, and plenty of extra.
The detective even pointed a finger at American YouTuber Logan Paul.
