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Cyberleek's GTA 6 leak flood looks to have ended in the most unsurprising way possible: a $250,000 crypto grift

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Cyberleek's GTA 6 leak flood looks to have ended in the most unsurprising way possible: a $250,000 crypto grift

GTA 6 leaker Cyberleek looks to have retreated after squeezing $250,000 out of the crypto market using unofficial clips of Rockstar's game.

Per Kotaku, GTA Forum sleuth Vice Cit has been investigating Cyberleek's crypto activity and recently reported that the leaker transferred about $250,000 into different separate wallets across four transactions on August 27.

"This isn't the 2022 leak, this has been planned out and executed very intentionally to maximize the money they'll make from this," Vice Cit writes.

The financial mechanisms employed differ slightly to an archetypal crypto rug pull – here, 270 million reserve coins were seemingly burned to stoke trader trust and let the coin continue accruing transaction fees, rather than selling them off before the value tanks – but the end result is a pump and dump nevertheless, with Cyberleek looking to get out while the gettin' is still good.

"This was definitely done to give crypto whales more confidence in actually trading the coin and contributed to the coin exploding in price and market cap over the last few days. Instead of rug pulling the coin CyberLeek opted to make their money from transaction fees from people buying and selling the coin," explains Vice Cit.

From day one, the person or group behind Cyberleek has used GTA 6 leaks as vehicles to promote its own crypto coin through QR codes and watermarked links. With the value of that coin now embedded in the dirt after freefall, there's no reason to keep up the grift.



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