twitch streamer DNP3The founder of several crypto projects admitted on Tuesday to misappropriating investor funds and gambling them away.
What happenedThese projects include: Goobers NFTMetaverse Platform GridCraft Network and Charity-Focused Cryptocurrency klukoin CLU/USD,
In a statement posted on Twitter, DNP3 Admitted to battling gambling addiction. “Every dollar I could get, I would bet (at the crypto casino) in hopes of winning big, but even when the big win happened it wasn’t enough. Eventually, I lost everything. With my own life savings Furthermore, I irresponsibly used investor funds to try to ‘get my money back’ from the casino, which was wrong for a number of reasons.
He said, “I am now completely broke financially and spiritually. I have lost faith in myself.” To start on the path to recovery, he is seeking help from a support group and hopes to be able to restore his life and finances.
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Crypto enthusiast Jess said “Not another ‘I’m sorry'” – echoed by many users as a series of apologies by FTX founder Sam Bankman-Fried after FTX collapsed.
Another user chimed in in frustration, saying “we really couldn’t make it a whole week my gosh.”
As of now, the magnitude of the fiscal deficit is uncertain. Following the announcement, the value of Klucoin dropped by 63%, and the market capitalization of The Goobers NFT declined by 9%.
Data provided by OpenSea indicated that Goobers had a total trading volume of 968 Ethereum ETH/USDWhich is equal to about 1.1 million dollars.
price action: While writing, ETH was trading at $1,250, up 2.80% over the past 24 hours. According to Benzinga Pro.