NFT Founder Outraged After Admitting to Gambling User Funds: ‘Not Others I’m Sorry’ – Ethereum (ETH/USD)

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.

See more: Best Crypto Day Trading Strategies

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.

Read further: Bitcoin, Ethereum, Dogecoin Slip: Analyst Says This Major Crypto Needs to Bounce or ‘Things Get Painful’

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