Encryption entrepreneur DNP3 issued a statement on social media saying that he was addicted to gambling, misappropriated investors’ funds and lost all his assets.
It is reported that DNP3’s entrepreneurial projects include The Goobers NFT, Metaverse platform Gridcraft Network, and charity-focused cryptocurrency CluCoin.
The exact loss is not yet known, but after the news was announced, the price of CluCoin plummeted 63%, and The Goobers market value fell 9%. According to OpenSea data, TheGoobers’ total sales amounted to 968ETH, or about $1.1 million.