Crypto investigator ZachXBT claims YouTube influencer Blue stole $1.5 million in fraud

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Crypto.information – Cryptocurrency detective ZachXBT particulars a suspected cryptocurrency fraudulent operation performed by a well-liked YouTube character often called Blue or Jack that will have greater than $1.5 million in stolen funds. backside.

Crypto investigator ZachXBT has launched proof alleging {that a} YouTube influencer named Blue, also called Jack, was concerned in a variety of crypto robberies amounting to a staggering $1.5 million.

Initially recognized for his gaming and prank movies, Blue amassed a following of over 122,000 subscribers on YouTube, however in 2021 he turned embroiled in a cryptocurrency rip-off, as Zak detailed on Twitter. It’s stated that

Based on Zak, the infringing posts leaked from Blue’s Snapchat linked him to the ENS handle cool-breeze.eth. This handle was used to acquire Bored Ape Yacht Membership 8668 NFT in October 2022. A better have a look at the supply of funds for this handle revealed that an influx of over 85 ETH, roughly one-third of the stolen funds, was immediately tied to the related handle, Zach stated. . Monkey Drainer phishing rip-off.

Monkey Drainer is a infamous cryptocurrency theft service recognized for its report of stealing round $24 million. The builders of Monkey introduced their retirement in February of this yr, admonishing would-be cybercriminals to be vigilant of their pursuit of simple cash. Their prospects had been suggested to show to a competing service often called Venom.

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Zach reported that Blue recurrently boasted about his profitable scams and the BAYC NFT acquisition by means of Discord, and offered screenshots of inner Discord servers as proof that Blue was instructing others his fraud ways. It’s stated that

After an alleged disagreement with Monkey over a selected phishing rip-off that led to BAYC’s loss, Zack stated Blue used different exfiltration providers and continued fraudulent exercise with the brand new ENS handle. . The ill-gotten wealth reportedly funded lavish purchases starting from watches to vehicles to even Roblox property.

Zach identified that Blue’s principal rip-off concerned spamming Twitter utilizing verified accounts. He offered an instance the place consumer @g13m fell prey to at least one such phishing rip-off in his July, dropping roughly $213,000 price of his ETH and his USDT to his faux Doodles NFT web site. Blue is claimed to have profited $74,000 in 49 ETH and USDT after paying drain charges.

Zack additionally talked about one other theft involving @ystrickler, whose Milady and Squiggle NFT, price about 12 ETH, was allegedly phished. After calculating the drainer price, Blue reportedly received her 10.3 ETH to her ENS handle purplelobster.eth.

“It is actually disgusting to see these phishers flaunt their ill-gotten features from frivolous purchases with no shred of regret,” Zack stated. “I’ve shared particulars about Blue (Jack) with lots of the victims as they could help in authorized proceedings.”

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This text initially appeared on Crypto.information

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