The CyberLeek group, behind the scandalous GTA 6 gameplay leaks, pulled off a rapid dump of its own token. My analysis of on-chain data shows that the hackers collectively raked in about $286,000, combining asset liquidation and fee collection.
Scheme Mechanics: From Hype to Collapse
Since mid-August, CyberLeek published gameplay videos, weaving in links to donation wallets and the contract address of the CYBERLEEK meme token, launched via PumpFun. The buzz around the game fueled the coin's market cap to a peak of $25 million. However, behind this was a well-thought-out manipulation.
Instead of a classic rug pull, the hackers used an unconventional tactic: they burned the entire reserve of 270 million CYBERLEEK (about $1.79 million at the time) to create an illusion of trust. Each new video led to a website where token holders voted on future leaks. This is classic "pump" — the price rise was fueled by social activity, not real value.
The Moment of Truth: Dump Before the Premiere
The critical crash occurred on August 27, a few hours before the official gameplay showcase on Netflix. A wallet linked to the group received $154,683 in wSOL and 15.4 million CYBERLEEK as creator fees. Shortly before the premiere, the tokens were sold for about $125,000, crashing the price by 40%. In the end, the coin lost 90% of its value within days — from $0.03 to $0.003.
My analysis shows that part of the funds was transferred to the KuCoin and CCE.Cash exchanges, while the rest went to private wallets. At the same time, not all CyberLeek addresses are likely disclosed: the group may have been dumping small amounts from unknown wallets to avoid tracking.
Expert Opinion
This story is a vivid example of how hype and fear of missing out (FOMO) can lead to catastrophic losses for retail investors. CyberLeek, apparently, was aiming for a bigger payday, but declining interest and seller pressure forced them to cash out. My advice: always check liquidity and team history before entering such projects, otherwise you risk becoming a victim of a well-orchestrated dump.