GTA 6 Leaks Could Be Over As Leaker Cashes Out Memecoin
Key Points:
- The GTA 6 leak orchestrated by "Cyberleek" included persistent promotion of a memecoin called $CYBERLEEK, with watermarked clips and QR codes urging viewers to invest in the cryptocurrency.
- Ahead of the official GTA 6 reveal on Netflix, Cyberleek reportedly withdrew nearly $250,000 from the coin, causing its value to plummet by 86%, suggesting the leak campaign and crypto promotion have ended.
- Rather than a typical rug pull, Cyberleek burned unsold tokens to create an illusion of legitimacy, accumulating funds through transaction fees generated by trading driven by the ongoing leaks.
- The memecoin's market cap fell from a peak of $23.39 million to just $3.23 million, leaving late investors holding devalued tokens while the leaker profited significantly.
- Questions remain about the source and extent of Cyberleek's access to GTA 6 code, as the leaks showed limited gameplay and story content; the token promotion grew increasingly desperate before abruptly ending.