ZachXBT Says Former Fortnight Pro Stole $3.5M Via Scams

On-Chain Sleuth ZachXBT Alleges Former Fortnight Pro Helped Steal $3.5 Million Through Meme Coin Scams

Updated: 28 November 2024

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On-chain sleuth ZachXBT alleges that a former professional Fortnight player from Australia has been involved in a series of meme coin scams that have stolen around $3.5 million collectively from investors.

ZachXBT said in a Nov. 27 X thread that wallet addresses of the former Fortnight pro, who goes by the online alias “Serpent,” has “high exposure” to several meme coin scams launched through Pump.fun and that were promoted using compromised social media accounts.

ZachXBT Says “Serpent” Was Involved In High-Profile Social Media Hacks

ZachXBT said in the thread the former Fortnight player was involved in some of the biggest social media hacks this year, which all promoted fake tokens. These include the Aug. 21 McDonald’s Instagram account hack, which promoted a Solana meme coin called GRIMACE.

1/ Over the past few months I have been tracking a series of related compromises for McDonald’s, Usher, Kabosu Owner, Andy Ayrey, Wiz Khalifa, SPX 6900, etc on X & IG which has resulted in an estimated $3.5M+ stolen via launching Pump Fun meme coins. pic.twitter.com/ViZeHzQy5b

— ZachXBT (@zachxbt) November 26, 2024

He was also involved in the compromise of Usher’s X account on Sep. 12, which was used to advertise the scam coin USHER. In addition to Usher’s X account, ZachXBT also linked “Serpent” to the Nov. 3 hack of Wiz Khalifa’s X account to promote the scam tokens WIZ and WIZZLE.

Other incidents that “Serpent” has been linked to include the hack of the X accounts belonging to Dean Norris, Ken Carson, Enoshima Aquarium, Truth Terminal creator Andy Ayrey, SPX 6900, as well as the compromised instagram account belonging to Kabosu Owner. All of these accounts were used to promote sham meme coins.

“Serpent” Was Kicked Out Of A Gaming Organization For Allegedly Cheating

The pro-Fortnight player’s professional gaming journey came to an end in June 2020 after he was caught allegedly cheating. The eSports organization Overtime then released him. He has since been scamming people with fake crypto projects, according to ZachXBT.

3/ In March 2024 Serpent launched another project called ERROR which rug pulled and got him banned from X.

Deployer address
0x8233873ee35547097ccb9098adbab955d7120ee8 https://t.co/7pe7HRufn0 pic.twitter.com/m82MFe3uT3

— ZachXBT (@zachxbt) November 27, 2024

In March 2022, “Serpent” co-founded the NFT project DAPE, which was later rug pulled. He then launched another project called ERROR in March 2024, which was rug pulled as well and got him banned from X.