As cryptocurrencies and NFTs (Non-Fungible Tokens) are gaining popularity, scammers are also finding opportunities to exploit people using these new technologies. Famous crypto detective ZachXBT has made a significant allegation that concerns the crypto community. According to the claim, a YouTuber may have defrauded their followers. As per ZachXBT's allegation, a YouTuber known as "Blue" might be involved in a scam worth over $1.5 million, using NFT technology such as Monkey and similar services. #ZachXBT #zachxbt

Details of the Allegations:

According to information shared by ZachXBT on his Twitter account, the YouTuber known as Blue or Jack was initially known for gaming and trolling videos. By 2021, they had gained over 122,000 subscribers on YouTube, building a substantial following. However, according to ZachXBT, a leaked post from Blue's Snapchat account links them to the Ethereum ENS address "cool-breeze.eth," which purchased the Bored Ape Yacht Club 8668 NFT in October 2022.

ZachXBT's investigation revealed that upon examining the financial transactions of this Ethereum address, he found over 85 ETH inputs associated with a phishing scam called Monkey Drainer, which accounted for approximately one-third of the stolen funds. Monkey Drainer is a known crypto scammer who has reportedly stolen up to $24 million in total.

Blue's Fraudulent Activities:

The YouTuber known as Blue or Jack is alleged to be involved in a scam worth over $1.5 million, utilizing NFT technologies like Monkey. The ETH inputs associated with the Monkey Drainer scam are said to represent a portion of the stolen funds. It is noted that the scammer, through Monkey Drainer, has carried out thefts amounting to a total of $24 million and in February 2023, recommended their customers to use a rival filter called Venom.

Conclusion and Investigation:

The information mentioned above is based on the allegations put forward by crypto detective ZachXBT. However, caution should be exercised regarding the accuracy of this information, and it is essential to rely on official authorities for conclusive results. It is stated that an investigation is currently ongoing regarding ZachXBT's claims.

During this period of increasing popularity for cryptocurrencies and NFTs, users need to remain vigilant and take precautions against fraudulent attempts. Verification from official sources and utilizing trusted platforms are of utmost importance to ensure security.

In conclusion, these allegations concerning the crypto community may have uncovered a significant scam. However, it is important to note that the definitive results rely on the findings of an official investigation. #hackers