Crypto Sleuth ZachXBT Accuses YouTuber “Blue” Of NFT Scam

ZachXBT, an on-chain crypto detective famend for revealing knowledge about scams and hacks, has launched a recent investigation in opposition to the favored YouTuber and collector “Blue.” The Crypto sleuth has related Blue with the infamous NFT phishing group “Monkey Drainer.”

ZachXBT Accuses YouTuber “Blue” Of Rip-off

In a July 10 weblog put up, ZachXBT shared a brief analysis associating YouTuber Blue “Jack” with the rip-off. The crypto sleuth has revealed Blue has been intently working with a number of drainers companies, together with the Monkey Drainer, to steal greater than $1.5 million value of NFTs.

1/ An investigation into the YouTuber turned phishing scammer Blue (Jack) who has labored with Monkey Drainer and different drainer companies to steal greater than $1.5m pic.twitter.com/MKRlaCuMI5

— ZachXBT (@zachxbt) July 10, 2023

In keeping with ZachXBT’s findings, Blue started to rip-off someday in 2021, when the NFT market blossomed. On the time, Blue began to by amassing an viewers of greater than 122k subscribers by importing gaming and trolling movies to YouTube.

Earlier than turning into crime, Blue was a embellished investor, with him even shopping for a Bored Ape Yacht Membership #8668 utilizing a cool-breeze area someday in October 2022. After a short while, he started radicalizing extra folks to hitch his non-fungible token phishing syndicate.

Detailed findings present that the identical area, “Cool-breeze.eth” Blue used to buy his Bored Ape Yacht Membership NFTs, has acquired a 3rd of stolen funds from eight addresses concerned in Monkey Drainer phishing scams. The interconnection showcases Blue was most definitely linked with the NFT phishing group.

Monkey Drainer is the pseudonymous phishing scammers who use sensible contracts to steal non-fungible tokens by means of a course of generally known as “ice phishing.” The Monkey Drainer is believed to have operated since late 2022. Over the previous six months, the Monkey Drainer script has stolen over $24 million.

ZachXBT Hyperlinks Blue with Monkey Drainer Phishing Group

The person or people behind the phishing rip-off have stolen thousands and thousands of {dollars} value of Ether (ETH) through malicious copycat non-fungible token minting web sites. The investigation has additionally discovered that YouTuber Blue has labored with Monkey Drainer and different drainer companies to steal greater than $1.5 million.

Based mostly on the life-style audit, Blue has used the stolen funds on luxurious watches, automobiles, sneakers, Roblox gadgets, and playing on Stake. Regardless of stealing the life-changing sum of cash, Blue reveals little indicators of slowing down his malicious scamming behavior.

Earlier this month, Blue and his scamming crew stole 61.5 ETH from LoveMake.eth in a phishing assault. Blue acquired 49 ETH and 74,000 USDT for him after the drainer payment. Blue focuses on spamming on Twitter with verified accounts. Blue is most definitely to unfold his hand to Thread, a brand new social media platform much like Twitter.

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