Key Points:
“Every dollar I could find I would put into [crypto casino] Stake in hopes of winning big(…). Even when the big wins did happen it wasn’t enough. Eventually, I lost everything. In addition to my own life savings, I also irresponsibly used investor funds to try and ‘get my money back’ from the casino which was wrong for so many reasons.”
He wrote
“I am now completely broke both financially and spiritually. My sense of trust in myself is compromised,” he added, saying that he was working with a help group to begin a “path to recovery.”
Twitch streamer DNP3 is the founder of several crypto projects, including The Goobers NFT, the Gridcraft Network metaverse platform, and the charity-focused cryptocurrency CluCoin.
Immediately after this shocking news, all related projects were shut down. The price of CluCoin plummeted by 65%.
The Goobers NFT project saw its market cap dip by 14.6%. According to OpenSea, The Goobers has done 968 ETH in total sales volume, or roughly $1.1 million.
The news recalled other crypto projects, including NFT launchpad Onepad, that were forced to shutter after its founder gambled away funds.
It is still unclear how much money DNP3 used to gamble, but it is estimated that millions of dollars have been staked. It is known that DNP3 is not only the founder of Goobers but also the founder of the Web3 game Gridcraft Network and XeniaRust, as well as CluCoin, a cryptocurrency focused on philanthropy.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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