The anonymous leaker behind CyberLeek has reportedly pocketed roughly $350,000, according to on-chain ***** yst Conor Grogan. The funds allegedly came entirely from liquidity fees rather than direct sales.
The withdrawal coincided with a sharp price decline for the CYBERLEEK meme coin.
Grogan stated on September 1 that the person behind CyberLeek withdrew the funds through various OTC providers, a route that converts digital ***** ets into conventional money without requiring large open-market token sales.
That structure differs meaningfully from a typical launch-and-dump scheme. Rather than offloading large CYBERLEEK holdings directly, the wallet tied to the project reportedly profited by collecting fees whenever other traders transacted in its liquidity pool.
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#funds
The withdrawal coincided with a sharp price decline for the CYBERLEEK meme coin.
Grogan stated on September 1 that the person behind CyberLeek withdrew the funds through various OTC providers, a route that converts digital ***** ets into conventional money without requiring large open-market token sales.
That structure differs meaningfully from a typical launch-and-dump scheme. Rather than offloading large CYBERLEEK holdings directly, the wallet tied to the project reportedly profited by collecting fees whenever other traders transacted in its liquidity pool.
Follow us on X to get the latest news as it happens.
#funds
2 months ago
