According to CryptoPotato, on April 3, 2024, blockchain investigator ZachXBT revealed that a social gamer known as Kyle had raised concerns about a potential hack on his wallets. However, ZachXBT's investigation suggested that the funds were deliberately transferred rather than externally hacked. The investigation involved Kyle and a lesser-known NFT project, 'NuddiesNFT,' and revealed a narrative of deception.
Within hours of the alleged hack, ZachXBT traced 94 SOL tokens, worth approximately $12,000, to an exchange deposit address. A subsequent transaction for 3.42 ETH, valued at around $11.7K, was also identified. The Ether was used to purchase high-value NFTs, including DeGods 2921 & y00t 10991, which were then transferred to Kyle's public ENS address. Kyle reportedly showcased these NFTs on his social media profiles, seemingly unconcerned about the blockchain's permanent record of his actions.
Following ZachXBT's revelations, Kyle deleted his X (formerly Twitter) account. Meanwhile, NuddiesNFT announced that its creator wallet had been replenished with $12K and the private keys were entrusted to two community members. The project also brought in new owners to oversee its operations. While some investors remain optimistic about NuddiesNFT, others believe it to be another fraudulent NFT project likely to 'rug pull' soon.
ZachXBT has been exposing influencers promoting dubious tokens and projects, investigating suspicious activities, and unmasking fraudulent entities since 2021. His targets have included prominent figures such as Crypto Rover, BitBoyCrypto’s Ben Armstrong, Lark Davis, DannyCrypt, and even American YouTuber Logan Paul. His investigations serve as a reminder of the transparency inherent to blockchain technology, despite the prevalence of scams and 'rug pulls'.