ZachXBT Exposes NFT Project Creator of Fabricating Hack to Buy DeGods and y00t

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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 distinguished blockchain investigator’s findings as an alternative strongly instructed a deliberate switch of funds fairly than an exterior hack.

Kyle Accused of Faking Hack

Whereas investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT venture known as ‘NuddiesNFT,’ ZachXBT discovered a disturbing narrative of lies and deception. Nevertheless, the favored on-chain sleuth uncovered a special story.

Inside hours of the purported hack, 94 SOL tokens value round $12,000 had been traced to an alternate deposit tackle. He then discovered a vacation spot transaction for 3.42 ETH, value round $11.7K utilizing time evaluation.

The Ether was then used to buy high-value NFTs, notably DeGods 2921 & y00t 10991, which had been promptly transferred to Kyle’s public ENS tackle.

Kyle reportedly blatantly flaunted the ill-gotten good points, that includes the DeGods NFT as his profile image on social media platforms. This brazen show is compounded by their post-hack conduct, the place they shifted gears to share motivational quotes in Discord, seemingly oblivious to the blockchain’s indelible document of his actions.

ZachXBT’s newest investigation, nevertheless, serves as a sobering reminder of the transparency inherent to blockchain expertise regardless of the rampant scams and rug pulls.

Shortly after ZachXBT’s submit, Kyle deleted his X (previously Twitter) account.

As for NuddiesNFT, the venture mentioned that its creator pockets was replenished with $12K. The personal keys, however, had been entrusted to 2 group members. After eradicating Kyle, new homeowners had been additionally roped in to observe the venture.

Whereas sure buyers remained hopeful in regards to the venture, others declare that Nuddies is yet one more fraudulent NFT venture that may rug pull quickly.

ZachXBT Unmasking Frauds

ZachXBT has been exposing common 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.

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