Vallrant: Wardell lost hundreds of thousands of dollars because of cryptocurrencies

On his personal page, Wardell, the player who is playing a substitute in the team version1 – has just shared that he was fraudulent nearly 300,000 (possibly USD), and completely lost its ownership when trading NFT with an account called Catalina Whale. Besides, he asserted he would accuse Catalina Whale to clarify the case in the next few days.

Wardell's fraud stems from the term “pumping” in NFT and cryptocurrencies. The “pump” appeared when a famous, influential figure spoke about a coin, 1 currency unit or a NFT chain to make the value of these units increased rapidly. After that, the unit owner and influential people will sell the entire stock to earn profits.

Vallrant: Wardell lost hundreds of thousands of dollars because of cryptocurrencies - Photo 1
Wardell lost the amount of money because of the cryptocurrency

In the end, investors will be disadvantaged and “victims” this time is Wardell. As a professional Valorant player and also a famous streamer of North America, Wardell probably not only loses money but also prestige. Because, before that he was the one who supported the Catalina Whale group and had a very good interaction with this account.

Esports grows and the online environment is an ideal place for frauds to become more sophisticated. According to Inven Globalmany famous players start trading NFT or pocket money to cooperate with cryptocurrency companies. Even TSM – the leading organization of North America and also the former team of Wardell, is being sponsored by FTX trading floor.

Back to the professional factor, Wardell is still trying to regain the performance in the shirt version1. However, the 23 -year -old star only plays a reserve role when Version1 is stable with 5 members including Effys, Penny, Zellsis, Wippie and Captain Zander.

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