NFT project founder DNP3 admits to gambling away user funds
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The founder of Goobers NFT, who goes by the name DNP3, blamed a gambling addiction for why he gambled and lost user funds. DNP3 did not respond to The Block’s request to clarify the amount gambled, but the The Block Research estimated the amount to be in the millions.
DNP3 is the founder of the NFT project Goobers, which launched in September 2021 and amassed a 968 ETH total trading volume. At its peak, the project's floor price was 55.25 ETH on Feb. 20, 2022 before falling to 0.02 ETH on Jan 3. DNP3 did not respond to The Block's request to clarify the amount of money used for gambling. However, The Block Research estimated that millions of dollars worth of funds were gambled.
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