05/01/2023 Twitch Streamer and NFT Founder DNP3 Admits to Gambling Away Investor Funds

His projects, including The Goobers NFT and charity-focused cryptocurrency CluCoin, were down following the announcement.

CDCROP: Poker Chips Falling (Getty Images)

Twitch streamerDNP3, who founded several crypto projects, including TheGoobers NFT, metaverse platformGridcraft Networkand charity-focused cryptocurrencyCluCoin, admitted to gambling away investor funds on Tuesday.

"Every dollar I could find I would put into [crypto casino]Stakein hopes of winning big," he wrote. "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."

"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."

It's unclear how much money has been lost. The price of CluCoinplummeted by 63%following the announcement, while The Goobers project saw itsmarket cap dip by 9%. According toOpenSea, 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.

Arts

https://www.coindesk.com/web3/2023/01/03/twitch-streamer-and-nft-founder-dnp3-admits-to-gambling-away-investor-funds/

Interesting NFTs
trump 2020
This is a photo i took of my son playing around in one of our cat carriers, redressed to express the concern and damage the continuation of the trump administration could bring to the world in 2020 and beyond. Unlike the majority of my historic work found on opensea, all content was conceived and taken by me, so felt perfect to use as my first piece on Known Origin.
Quackers
Oh hi! I'm Quackers. I want to live in a world where people believe the world is flat. When no one's home, I invite my pals over and we listen to Rihanna. I hope you like kitten around as much as I do!
The Doomed #64/100
Tech won't save us.
T(r)opical
Inspired by and for the 2018 North American Bitcoin conference in Miami, Florida. The palm tree that has a cracked open Bitcoin coconut suggests that by traveling you can enjoy this tropical digital fruit. The peacock nesting in the tree has spread its wings to flaunt other integrated crypto logos as well. The famous Miami skyline at the bottom incorporates the coins, as well as the code that is transforming the banking buildings that made it. The origin of that skyline is in the 80's cocaine craze, so it is all incorporated into the story of foundational transformation, linked to a global movement. The file size is suitable for an 8K TV. Mr. Moe Levin, the founder of the conference is a collector a physical print of the work. Explainer video: https://www.youtube.com/watch?v=2J0ZfPCJdxY&feature=emb_title Upload resolution 8000x4000 PX at 300DPI
#21384
By OthersideDeployer