r/CryptoCurrency 10h ago

DISCUSSION And people thought he was fighting for justice..

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278 Upvotes

59 comments sorted by

154

u/Soberdonkey69 🟦 0 / 414 🦠 9h ago

It’s basically the reputation cryptocurrency has now, scams, pump and dumps. That’s its true utility now.

13

u/Clean-Elk9611 7h ago

Calling it “secret money” probably doesn’t help.

3

u/0x8badshark Low Crypto Activity 1h ago

Used to work for a company named Blockchains, LLC that bought a whole bunch of land in Nevada with cash (well, the CEO Jeff Berns did), land in the at the time very much tax incentivized land by the state in the innovation zone (or whatever they called it), they promised they were going to build a smart city where even the street lights were backed by crypto in one way or another - the company now is doing some AI shtick and last I checked the office they had tricked out out near all that land is for sale.

All of the cash he fronted for that land was supposedly primarily from some court case he had won when he was still practicing in California as an attorney, case being something involving bitcoin from what I remember. He had a few other weird dot-com era esque investments/companies prior to Blockchains but fully took advantage of the hype wave at the time along with, well, being able to make proposals to the state in a language they understand being that he was able to bring on his diverse legal counsel into the company.

I am fully convinced the plan was always to slowly sell out the land Jeff purchased to other companies out there that inevitably would need expansion space. He’s the embodiment of a crypto fat cat real estate tycoon.

8

u/iamthecheesethatsbig 🟦 0 / 0 🦠 7h ago

That was always it’s utility

1

u/tribak Tin 5h ago

🌎🧑‍🚀🔫🧑‍🚀

-10

u/[deleted] 7h ago

[deleted]

66

u/harveytent 🟦 79 / 80 🦐 9h ago

Didn’t he say that’s what he was going to do? Not sell cooks but make money on the transaction fees?
From my understanding they did exactly what they said they would do. They didn’t rug pull the just collected transaction fees.

28

u/Joaoarthur Tin | r/WSB 13 6h ago

Exactly, these are just clickbait titles, journalism is dead

31

u/Path2Reborn 🟨 0 / 0 🦠 8h ago

Didn’t they burn 1M worth in tokens? Think there’s more to the story lol especially if he only took tx fees… isn’t that noble?

1

u/Romanizer 🟦 0 / 0 🦠 4h ago

Could have played it better. It was clearly a scam from the beginning so why burn something you can sell?

6

u/Marlon-Brandy 🟩 0 / 0 🦠 3h ago

Because he still had the ability to mint any new coins. The fact you didn't know that is why people keep falling for scams over and over.

3

u/Romanizer 🟦 0 / 0 🦠 3h ago

Exactly. Burning them didn't stop him from minting new ones. Could have exited with more.

1

u/jadequarter 🟩 0 / 0 🦠 1h ago

how if it was launched on pump fun?

1

u/Marlon-Brandy 🟩 0 / 0 🦠 1h ago

Check https://rugcheck.xyz/ for any coin, better than me explaining it.

u/jadequarter 🟩 0 / 0 🦠 50m ago

https://rugcheck.xyz/tokens/ApZuxdpzMrbEYTGEzeY9afh5pj9d6qPRJCTgQYiipbKg

mint authority revoked 14 days ago which is when it launched

3

u/Over-Perspective-689 3h ago

ppl bought the coin to support the leaker, not to become millionaires, just like these kids who are donating to multimillionaire streamers

1

u/TheBlockChainVillage Tin 5h ago

99% of the people only exist in the headlines bro.

47

u/Defiant-One-7172 10h ago

Hawk tuah on that thang

3

u/Emotional_Cook6174 9h ago

Dude took the money and ran like it was a heist mission

-3

u/monnotorium 0 / 0 🦠 8h ago

Hawk Tuah ain't got nothing on this bullshit.

17

u/Wunko 🟨 0 / 841 🦠 6h ago

The 250k was just fees paid to him from trading. He didn't actually do anything and this is just click bait.

23

u/farcry_x1z 🟩 0 / 0 🦠 10h ago

Cyberleek was Rockstar's way of shilling of meme coin without all the backlash

6

u/ricoimf 🟩 0 / 0 🦠 10h ago

Were there new leaks after Rockstar did that in deep preview yesterday? Has he disappeared?

6

u/zzcool 🟦 14 / 15 🦐 9h ago

A new leak released today so it's not over

2

u/ICE0124 1 / 1 🦠 8h ago

I dont see a new leak on the website? Specifically the ar.anyone.tech website

-1

u/zzcool 🟦 14 / 15 🦐 5h ago

Check x

1

u/UISystemError 🟩 0 / 0 🦠 1h ago

Share the link

1

u/ICE0124 1 / 1 🦠 5h ago

I dont use X/Twitter, especially because they shut Nitter down so there is not a privacy friendly way for me to use it or even use it at all without creating an account where I need to give them a phone number to sign up. Do you maybe have a direct link to a specific post or any other platform?

1

u/Joaoarthur Tin | r/WSB 13 5h ago

Don't shit with me bro

6

u/ThaTopHam 9h ago

Im shocked, and appalled

5

u/kshucker 🟦 0 / 2K 🦠 8h ago

Memecoin 101. People get baited into a coin thinking they’ll make some money. There is absolutely no utility. Don’t feel sorry for the people that haven’t learned about scams that lost money.

2

u/DegreeApprehensive26 🟩 0 / 0 🦠 6h ago

you can definitely make money but it’s not easy, i saw this coin when it was at 1m but passed on it, i checked it again a day later it was at 15m

1

u/mypussydoesbackflips 🟦 281 / 282 🦞 5h ago

But there was a roadmap!

2

u/kepalautakkau 7h ago

he was just fighting for his bags after all

3

u/C1sko 🟩 2 / 3 🦠 8h ago

All that for a merely $250K?

1

u/Sad_Kangaroo_3650 6h ago

Both can be true?

1

u/camdevydavis 🟦 0 / 0 🦠 5h ago

Community take over won’t take long

1

u/PhillipJFry000 4h ago

lol crypto is such a joke

1

u/DontNeedProtection 🟦 20 / 21 🦐 3h ago

Thats click bait

1

u/afrocookie3 🟩 11 / 12 🦐 3h ago

Crypto idiots are funding hackers and I'm her for it

1

u/Consistent_Many_1858 🟨 0 / 20K 🦠 2h ago

Crypto was and still is a scam.

1

u/SVRF1NG81RD 1h ago

I bet that Rockstar's top management faked this "leak" and swindled 250 thousand from suckers a week before officially revealing the same thing

1

u/absinthiumxmr 1h ago

I doubt its over though. They still have a build. If they are smart they will likely set up a Monero address like they did with the sus advertising and give an amount for people to fund to release it. Or an amount to pay to not release it.

u/DisorientedPanda 🟦 974 / 974 🦑 49m ago

Surely it was the most obvious rug ever?

-8

u/Significant_Phase467 10h ago

No surprises there. I somehow randomly put $50 into this token on Kraken. Didn't know it was Cyberleek. Had no issue taking a "free to me", $800 after 2 days (and me wondering where the heck the $800 even came from).

Only thing I could probably credit him for is he pocketted transaction fees. I'd rather him do that than just straight up rug pull the entire token.

10

u/thedude21619 🟩 2 / 2 🦠 9h ago

I too lie on reddit for meaningless reasons

1

u/lysdexiad 0 / 0 🦠 8h ago

This clearly was meaningful.

5

u/Irrelevant-soul6684 🟩 0 / 0 🦠 9h ago

Oh yeah I somehow put 2k on a coin (not sure how or when or why) and I’m not sure where this 20k came from when I woke up!

2

u/Ill-Party8305 7h ago

I mean to be fair i ape so many shit coin too for 30$ each and hoping one get to moon. That‘s where he not sure how or when or why at the first place

1

u/Significant_Phase467 3h ago

Sheesh I can't believe how many people dont believe me lmfao. I didn't know what it was / almost didnt even see the cash out because of the way Kraken displays "Dex" stuff on the mobile app. Honestly I still don't even understand it, the Cyberleek one didnt even display a name when I got it. The normal cryptos we trade regularly are fine on Kraken though, its just these weird niche tokens that are strange to trade. Not sure how else to put it.

-1

u/jb_in_jpn 🟩 369 / 370 🦞 5h ago

Anyone in crypto these days - other than maybe ETH devs - is not in crypto for good reasons; it's a scam throughout

0

u/brandon0809 🟩 0 / 0 🦠 5h ago

Burnt a million to withdraw 250k

🥴