Crypto Trader William Parker Identified as Convicted Fraudster by ZachXBT
A crypto trader, William Parker, has been identified as a convicted fraudster by blockchain investigator ZachXBT. Key points include:
- Parker made $6.8 million by going long on BTC before Donald Trump's announcement of a U.S. crypto reserve.
- He subsequently earned another $9 million by shorting BTC as prices fell.
- All trades utilized 50x leverage, indicating high risk.
- The wallet linked to his trades interacted with online casinos such as Roobet and Gamdom.
- This wallet was also associated with a phishing website, receiving $17.1K from phishing activities.
- Further investigation revealed connections to a Solana wallet involved in casino withdrawals related to an exploit.
- Parker was previously convicted in Finland for stealing $1 million from casinos and served time in the U.K. for fraud-related charges.