{"id":18490,"date":"2025-03-21T15:17:13","date_gmt":"2025-03-21T15:17:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18490"},"modified":"2025-03-21T15:17:13","modified_gmt":"2025-03-21T15:17:13","slug":"crypto-whale-who-made-millions-on-leverage-trading-is-a-convicted-fraudster-zachxbt","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18490","title":{"rendered":"Crypto Whale Who Made Millions on Leverage Trading Is a Convicted Fraudster: ZachXBT"},"content":{"rendered":"
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A mysterious crypto trader that made millions trading derivatives this year has been identified as William Parker, a convicted fraudster, according to blockchain sleuth ZachXBT.<\/p>\n

Parker made $6.8 million on one position<\/a> after going long on BTC just before Donald Trump’s weekend announcement of a U.S. strategic crypto reserve, per ZachXBT. He then turned around and made another $9 million going short BTC as the price pump quickly reversed.<\/p>\n

All of his positions used 50x leverage – a high risk strategy as it means the liquidation price of a position is close to the entry point.<\/p>\n

And it seems as though high risk gambling was this particular trader’s speciality, as on-chain data suggests the wallet frequently interacted with Roobet, Gamdom, Shuffle, BC Game, & Metawin accounts – all crypto-based online casinos.<\/p>\n

It turns out that the wallet connected to the trades was set as the drainer fee receiver on a phishing website in January, receiving $17.1K from a phishing draining customer in the same month, ZachXBT revealed.<\/p>\n

The investigation then dives into a Solana wallet that was the first to interact with the trader’s wallet. This SOL wallet made withdrawals from four casinos following an input validation exploit on a casino game. ZachXBT reached out to these casinos which provided him with a Telegram account of the user.<\/p>\n

That Telegram account yielded verification that the trader was active on-chain at the same time as posting in derivatives trading chats on Telegram.<\/p>\n

ZachXBT went one step further \u2014 finding a payment sent by the trader to an unnamed person on the HyperLiquid exchange. That transaction led to the uncovering of a phone number linked to a person called William Parker.<\/p>\n

Parker last year was convicted and sentenced<\/a> to 2 1\/2 years in jail in Finland for stealing $1 million from two casinos in 2023 . He was served time in 2010<\/a> in the U.K. for multiple fraud charges related to hacking and gambling.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A mysterious crypto trader that made millions trading derivatives this year has been identified as William Parker, a convicted fraudster, according to blockchain sleuth ZachXBT. Parker made $6.8 million on one position after going long on BTC just before Donald Trump’s weekend announcement of a U.S. strategic crypto reserve, per ZachXBT. He then turned around […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18490","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18490"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18490\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}