The founder of crypto charity project CluCoin (CLU) brings investors’ money to gamble

The founder of crypto charity project CluCoin (CLU) brings investors’ money to gamble

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2023-01-05 23:34:45

Twitch platform streamer – DNP3, the character behind a series of CluCoin (CLU) projects, The Goobers NFT, revealed that he took all of investors’ money to bake in the red.

Twitch platform streamer DNP3, creator of several crypto projects such as The Goobers NFT, metaverse Gridcraft Network and crypto charity CluCoin, confessed to gambling and losing all the money of users and investors. hole.

DNP3 admitted in its blog post that it was “extremely addicted to gambling”:

“Every penny I earn, I put into the Stake crypto casino to raise the ambition to win big. Even after eating large, I still feel inadequate. In the end, I was empty-handed. In addition to my lifetime savings, I also freely use investors’ money. I was completely devastated both financially and mentally.”

DNP3’s confession blog post to customers and investors

The exact amount of money that DNP3 baked into the red has not been determined, but The Block estimated the damage could be in the millions of dollars.

Up to now, DNP3 is calling for another team to fix the consequences and solve the problem.

Immediately, the value of CluCoin plummeted 63% after the tweet was published. Meanwhile, the market capitalization of The Goobers project has dropped 9%. According to OpenSea, The Goobers has a trading volume of 968 ETH, or about $1.1 million.

On Twitter, DNP3 is also a big influence, with more than 630,000 followers. His Twitch channel also has a large fan base of over 251,000 followers. Concluding the blog, the streamer apologized:

“I apologize for betraying your trust.

I apologize for not living up to my righteous values.

I’m sorry to let you all down.

I’m sorry.”

Incidents like this are not uncommon even in the crypto sphere. Typically, the launchpad NFT Onepad once had to close the platform, because of the above reasons. At the end of August 2022, the role-playing metaverse game Ragnarok used $ 20 million to raise funds for trading and then suffered a terrible loss.

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