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Another exposé by ZachXBT. In total, the threat actor stole $3.5 million. Serpent, a former professional Fortnite player, was fired from the esports organization Overtime after being caught cheating. And then the scamming started.
Over the past few months, he carried out a series of account hacks targeting McDonald’s, Usher, Kabosu’s owner, Andy Ayrey, Wiz Khalifa, SPX 6900, and others on X and Instagram. These accounts were used to promote tokens launched on
Pump.fun. The stolen funds were funneled into a single account, and Serpent would cash out in online casinos, sharing this openly during Discord streams. The perpetrator didn’t always act alone. Sometimes, an accomplice named Dex was involved.
Following the release of the investigation, the scammers deleted some posts from their accounts. However, most of the stolen funds were successfully recovered.