GTA VI leaker cashed out $250,000 from his cryptocurrency project before the official reveal, which then collapsed

Cyberleek, who published leaked GTA VI footage over nine days, withdrew approximately $250,000 from his cryptocurrency project shortly before the game’s official presentation, according to blockchain data. The $CYBERLEEK memecoin subsequently lost most of its value.

The token was created on Solana around August 15, before the first gameplay footage was released. Cyberleek added its name and a QR code directly to the leaked videos, claiming that a higher market capitalization for the project would lead to further GTA VI leaks.

According to data cited by CoinDesk, the cryptocurrency reached a price of approximately $0.0344 on August 23. After the entire campaign ended, however, it fell to approximately $0.0027 and continued to decline.

The profit itself reportedly did not come from simply selling a large batch of tokens. Cyberleek was a liquidity provider and received a portion of the fees from every trade. Each new GTA VI leak increased interest and trading volume, and therefore also his fee revenue.

The wallet associated with the token’s creation received approximately $146,000 in wrapped SOL, along with 15.4 million tokens accumulated through fees. These were subsequently sold for approximately another $125,000 in SOL. GTAForums user ViceCit, who tracked the project’s activity, estimated that the total withdrawal from four transactions amounted to approximately $250,000.

Cyberleek had previously also burned 270 million reserve tokens, which were worth approximately $1.79 million at the time. Observers consider this a move intended to increase traders’ confidence and keep them in the project.

After the money was withdrawn, the funds were divided among four new wallets. At least 91 SOL ended up on the KuCoin exchange, and some of the funds were transferred through the anonymous swap service CCE.Cash.

Take-Two is also trying to determine the identity of the person behind Cyberleek. The company has already asked a court to obtain data from Microsoft and Discord, and has taken a similar step against the X platform. Although KuCoin uses user identity verification, obtaining the data through legal channels may be complicated given that the company is based in the Seychelles.