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 prompt a deliberate switch of funds moderately than an exterior hack.
Kyle Accused of Faking Hack
Whereas investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT undertaking known 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 price round $12,000 have been traced to an change deposit tackle. He then discovered a vacation spot transaction for 3.42 ETH, price 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 tackle.
Kyle reportedly blatantly flaunted the ill-gotten beneficial properties, that includes the DeGods NFT as his profile image on social media platforms. This brazen show is compounded by their post-hack habits, 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 know-how 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 undertaking stated that its creator pockets was replenished with $12K. The personal keys, alternatively, have been entrusted to 2 neighborhood members. After eradicating Kyle, new homeowners have been additionally roped in to observe the undertaking.
Whereas sure traders remained hopeful in regards to the undertaking, others declare that Nuddies is one more fraudulent NFT undertaking that will rug pull quickly.
ZachXBT Unmasking Frauds
ZachXBT has been exposing fashionable 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.
