GTA 6 Leaker Sells Entire Meme Coin Holding Hours Before Gameplay Reveal
Summary
- The hacker promoted Solana-based meme coin CyberLeek (CYBERLEEK) and then sold the entire holding just before the gameplay reveal.
- After the sale, CyberLeek plunged about 46% in 24 hours, and the cash-out was estimated at more than $250,000.
- After CyberLeek’s market capitalization reached $25 million, the token slumped, while on-chain analysis pointed to a possible link to a KuCoin account.
Forecast Trend Report by Period
An anonymous hacker who leaked unreleased “GTA 6” footage sold the entire holding of a self-issued meme coin just hours before the game’s official gameplay reveal. The token fell about 46% over the following 24 hours.
CoinDesk reported on August 27 that the hacker had spent the previous nine days promoting Solana-based meme coin CyberLeek by inserting its watermark into leaked GTA 6 videos.
CyberLeek’s market capitalization at one point climbed to $25 million. The token then dropped about 46% in 24 hours after the hacker sold in one shot tokens collected through fees. The proceeds are estimated at more than $250,000.
Take-Two Interactive, the parent of GTA 6 developer Rockstar Games, issued subpoenas to X, Microsoft and Discord to identify the leaker.
On-chain analysts traced the flow of funds to a KuCoin account that had completed know-your-customer verification, raising the possibility that the account could help identify the leaker.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.