Cyberleek reportedly cashes out the meme coin (Image via Rockstar Games)
The GTA 6 leak saga has taken a dramatic new turn, and the gaming and crypto communities are in an uproar. CyberLeek, the anonymous individual or group behind nine days of unauthorised GTA 6 footage drops, appears to have cashed out of their own meme coin hours before Rockstar’s official Extended Look aired on Netflix This has sent the token into freefall and leaving tens of thousands of investors holding a rapidly depreciating asset. The leaked GTA 6 footage posted by the leaker had a watermark with a Solana meme coin called $CYBERLEEK and overlay text reading “higher market cap = more leeks. The token was launched around August 15, shortly before the first major footage dropped. Since then, it saw multiple surges driven by viral attention, and the market cap climbed from near-zero levels to $25 million amid heavy trading volume. The token $CYBERLEEK peaked at $0.03436 according to CoinGecko, making it one of the most explosive meme coin rises in recent memory. The hacker created a token called CYBERLEEK, watermarked it onto nine days of leaked GTA 6 footages, and watched it hit a $25 million market cap before pulling the plug. Rather than simply dumping a huge reserve of tokens in a traditional rug pull, CyberLeek burned around 270 million tokens and appears to have instead made money from transaction fees generated whenever people bought and sold the coin. The token now trades near $0.003. The leaker moved around $270,000 in crypto, and it looks very much like they are cashing in. A New York federal judge approved subpoenas forcing Microsoft and Discord to hand over account and device data tied to the CyberLeek by September 4.
In the section below, we take a detailed look at the CyberLeek meme coin controversy. It is an unusually sophisticated exit strategy that suggests whoever is behind CyberLeek has a strong understanding of how meme coin markets operate. For context, that means tens of thousands of people who bought into the coin at or near its peak are now sitting on significant losses. The CyberLeek drama seems to be winding down. Join conversation Share your thoughts in the comments Be respectful · TOI community guidelines The timing of the cash out just before Rockstar’s Extended Look was not a coincidence. Rockstar and Take-Two Interactive have been pursuing CyberLeek aggressively through the courts throughout the leak saga. The company has also issued a similar subpoena to X. On-chain investigators note the funding trail runs back to a KYC-verified KuCoin account, which may ultimately help authorities identify whoever is behind the persona. A KYC-verified account requires identity verification to open, meaning the paper trail that CyberLeek’s crypto activity has left behind could prove to be their undoing. Get the latest Sports News and Live updates. Download the TOI app.