He gambled with users’ money, the founder of CluCoin confesses

This man is called DNP3, Twitch streamer and founder of some crypto projects, and he collected money from those who invest in his cryptocurrencies and NFTs.

He has just admitted that the investors’ money has been gambled away at online casinos. The announcement was made last Tuesday on his Twitter profile, just saying “I’m sorry”.

There is a letter from him attached, where he says:

Over the last year I got incredibly addicted to gambling. Every dollar I could find I would put into 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.

His followers are not very convinced of this version and on Twitter they ask him to demonstrate what he says by showing the transactions.

DNP3 is the founder of The Goobers NFT, the Gridcraft Network metaverse platform, and the charity-focused CluCoin (CLU). This cryptocurrency was built to stake tokens with the goal of providing a charity focus to help people around the world. Since Tuesday’s announcement, Clucoin and The Goobers NFT have dropped significantly. The collection has a total volume of 969 ETH with a floor price of 0,011 ETH. Scrolling through the CluCoin website, you can see the team.



As I said in this article, stay away from projects where the founders don’t show their faces or hide behind nicknames. Even if it is an NFT project, the founder must make himself recognizable on the web. So folks, give your money to scammers, scoundrels and would-be benefactors and it will be gone forever.

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Disclaimer: Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives and your level of experience. Do Your Own Research. All opinions expressed here are owned by the respective writer and should never be considered as financial advice in any form.

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CRYPTO_ALBERT   

EDITOR-IN-CHIEF AT NEW COIN POST. I HELP PEOPLE TO UNDERSTAND BETTER THE CRYPTOCURRENCY INDUSTRY AND ITS PURPOSES.