A meme coin tied to the GTA VI leak saga is having a fully wild run. CYBERLEEK, a Solana-based meme coin promoted by the particular person or group behind the alleged leaks, has jumped one other 35% previously 24 hours.
That comes after an nearly unbelievable 40,000% surge over the previous week. The token is now buying and selling round $0.028, as recent GTA VI gameplay footage continues to look alongside its promotion.
CYBERLEEK, nonetheless, asserted that there’s extra to the token than a fast crypto gamble. They declare it’s related to a “secret venture” and that the cash raised will go towards constructing infrastructure and safety for the venture.
GTA VI Leaks
Worldwide Cyber Digest reported that CyberLeek has burned nearly $1.5 million price of developer tokens to argue that the meme coin isn’t a pump-and-dump scheme. The group has collected round $40,000-$70,000 or extra in transaction charges. It additionally reportedly sought a 400 Monero “donation,” price roughly $165,000 on the time, to provoke contact for potential promoting offers.
CyberLeek started posting GTA VI gameplay footage final week, which included particulars in regards to the sport’s map and free-roam gameplay, and was later faraway from X following a copyright strike from Rockstar Video games. The group mentioned the token was created to lift funds for a “secret venture” that can’t but be disclosed as a result of revealing it might give giant companies time to arrange defenses.
It denied that the venture is a money seize and added that the funding is meant for infrastructure and safety in opposition to company counterattacks.
CyberLeek’s posts briefly pushed the token’s market capitalization to over $20 million on Monday. In keeping with the now-blocked web site, the group had asserted that its actions had been pushed by objections to anti-consumer practices within the gaming business, together with digital pre-orders, paid single-player content material, and restricted long-term offline entry. However the usage of leaked footage to advertise its personal meme coin has raised severe questions.
Take-Two Hunts the Leakers
The leaks have continued regardless of Take-Two Interactive looking for data from Microsoft and Discord that might assist determine these behind them. On August 22, two extra movies had been launched, one exhibiting supercar gameplay and an armed theft, whereas the opposite featured a strip membership scene.
Take-Two mentioned in its courtroom filings that GTA VI materials, together with audiovisual content material, paintings, photos and dialogue, had been posted by means of Microsoft’s GitHub platform and Discord. Microsoft mentioned it was working with Take-Two and Rockstar to guard their inventive work and mental property. Discord, in the meantime, mentioned it opinions and complies with legitimate DMCA subpoenas. Rockstar has not publicly confirmed whether or not the leaked footage is genuine.
The put up The Group Behind the GTA VI Leaks Has a Meme Coin, Tens of millions in Worth, and a Secret Agenda appeared first on CryptoPotato.