Introduction:

The cryptocurrency frenzy may be turning everyday people into millionaires, but beneath the glittering headlines lurks a dirty secret.  In the unregulated Wild West of the digital economy, a billionaire is playing a dangerous game.  His crypto empires, Easygo Gaming (the front for), Stake, Kick, and Primedice, are suspected of laundering money for hackers and scammers like Dru Addam Mundorff and his project called CAYC, that is known to be tied to a person with a history of malware and rug tokens along with hacking his partners, stealing his employees wages and even telling people to kill themselves, or to go overdose on drugs.

Edward Craven's journey began like many Gen Z entrepreneurs - online gaming and a keen eye for opportunity.  In 2013, he co-founded Primedice with Bijan Tehrani and 3 others. Primedice is  a Bitcoin gambling platform that rode the first wave of cryptocurrency's wild ride. The group launched the venture of the Primedrice platform with an initial investment of 1000 BTC, and at the start of 2013 it was pegged at just $12 and by the end of that same year exploded to $1,100.

But Craven's story takes a dark turn. Like many other countless stories of the era where the currency draws its notoriety from, it has continued to be used for illicit purposes. While Primedice was just the beginning, his later ventures, Stake and Kick were the giants to soon follow. In 2022 Edward Craven’s haul was a whopping $850 million USD after being split 5 ways with the other stakeholders, placing him at the top of the list of world's wealthiest and youngest men.

Digging Deeper

Stake, or rather - Easygo - is known for its lavish gifts that it showers on its employees. They have regular giveaways in the offices each week, where employees can be seen winning luxury trips in the company’s private jet to headliner sporting events like the SuperBowl, UFC fights, and Formula 1 races. They even have a Yacht too for day-long escapes in the neighboring surroundings of Melbourne.

In 2021 - 2022, an NFT Project known as Cyber Apes Yacht Club or CAYC for short, was launched by the CEO Dru Mundorff. Dru is charismatic, and has a history. He was once sued by Facebook for a tool known as Lilyjade. It was malicious in that it posted on users timelines ads for Dru. The loophole was that users agreed to the software functioning as such when they installed the now defunct extension. It was by today’s definitions what we know as malware.

This is important because it is the foundation for the sick twist of this dark billionaire’s empire. In 2022 during a live stream, Dru was banned from stake.com for providing false ID. He lists his social media accounts as living in Arizona and the account which was banned was even named CodeCompilerAZ.

This did not stop Dru from creating a new account named TVCodeCompiler, and even though Compliance at Stake.com was very well aware of this, they failed to intervene and prevent Dru from illegally gambling away investors' hard earned money as he chased losses and failed to meet his obligations for outstanding liabilities. Several former employees have come forward claiming Dru ended their employment when they confronted him about their pay not coming on time or even at all, along with dozens of player he failed to payout from his now closed casino, GambelStakes.com. There are dozens of scam threads in MMOBugs and other forums, where Dru employed similar "BUY NOW BEFORE ITS TOO LATE" fear of missing out (FOMO).

After digging deeper with Dru’s known addresses, I managed to trace a collection of known rug projects and scams. Initially, it was a comment of Dru’s from an account tied to a rug project named ”Labra.Finance”. The account has since deleted the posts promoting Labra Finance.

After tracing endlessly, I recognized an address in this filtered view. It is the original wallet that created the project known as CAYC! Not only, but dozens of other now verified rugs and scams.

Why is this Concerning?

Dru Being Banned was broadcast live on his twitch channel. At the time he was gambling with money he embezzled from the company.

Dru On his Freshly Made Account After Being Banned gambling more embezzled company money

Hallelujah case closed?

Well, not exactly. I spent the next year and a half tracking scam after scam, and reporting each to compliance@stake.com among others. Never once was action taken or even acknowledged. FBI? Law enforcement? Let’s just say a retired FBI Agent wanted me to pay him $8,000 to deliver a report to the financial crimes and white collar desk in Phoenix AZ, something I have done free of charge 2 dozen times already.

QueefBox (QB) - 0x7a4ef93109f936f17d8611562f4be728d6fb6c40 feb 2024

DesME - 0x23dc3f6859e122b25b2cd5f3cf2335310b0f2b77

Barbie (MID) - 0xa622e612140a0d048b447be09ce47ff4d584e03b - sept 2023

In order to trace cryptocurrency on the Ethereum chain one may be off put at first glance. But luckily you have me to help guide you in this case. We can first begin with CodeCompiler.eth which resolves to 0x7082B4faB174A82e77c2d8e1e7de688590fBEf43 at least for now. By adding custom tags to each known address, such as CodeCompiler1, 2, 3, ... and so on, with every address you will soon have a very good understanding of this persons activity. We also know Dru's stake deposit address which is very helpful indeed 0x19da30e765447964c614b71223e68ea56783e15d and even his hypedrop deposit address 0x07e6e573f5f68d50f78b448f3885401c5099db8e

By numbering all of the known common addresses of Dru's we now are able to discover a pattern that allowed me to identify the above scams tied to his addresses.

This wallet view shows embezzlement from the casino wallet from Dru Mundorff

https://etherscan.io/advanced-filter?advid=048de130867f42cca9d90c1048cf11a5 

This wallet is the one with interactions on the above scam coins

https://etherscan.io/advanced-filter?advid=1dcd8682b22549bc83bfaa91bd8a70a9

A middle wallet before offloading to exchanges all interactions with other related wallets of Dru's

https://etherscan.io/advanced-filter?advid=8818837a9d174332a3898046abd07138

This view shows one of Dru's wallet addresses for stake.com with the only depositors being Dru's other scam wallets.

https://etherscan.io/advanced-filter?advid=f4ef4a72660d436189ed2fd3b5ff6d83

Same

https://etherscan.io/advanced-filter?advid=a8c924c7d87645adaf9838d00e583b36

Same

https://etherscan.io/advanced-filter?advid=459f7532efb04c6090ae9c117cfcc1c3

After publishing this article, I was contacted by somebody claiming to have "ruined my deal" by sending fake claims of wrongdoing to a partnership of mine. After digging, I remembered a post about pigmo.com in the CAYC discord, and after visiting the website again and checking on the licensing authority, there is no valid license, and the phone number listed on the licensing authority is not even working.

The telegram channel posted on the website leads to another interesting deadend where it seems a previously built channel was purchased or repurposed:

Licensing Authority Status

Similarly I posted on twitter under Dru's recent thread. My account was immediately blocked and follow botted by questionable accounts. In one of the bio's of the account was an invitation to an investment scam group on telegram.

Dru and his gang are so unhinged, they are running this scam in view of every single watchful eye possible, and still law enforcement ignores the threat and looks the other direction as more victims get sucked into the web.

https://t.me/+i_-FzWSmND1jMzhi

What's Next

There is one thing that I hope and pray for as a result of coming out with this in the open. I've put myself into harms way in hopes that others will see this and research the facts I have laid out here. Its 2 + years of figuring out one piece at a time and not always was it clear. But now, looking back I know I have a duty to prevent the harm that is most certainly at stake (pun intended).

Placeholder - Mr. B giving a hint about his true identity.

Placeholder - Admitting to his past and current crimes.

Placeholder - Offering to buy my skills to help him steal.

Mr. B.

I had been poking around inside of hypedrop's discord one day when I discovered a bug that allowed me to withdraw funds from accounts having been placed into forced verification mode. For those of you who are unfamiliar, this happens when a casino wishes to verify a users identity for security or payment compliance, like in the case of credit card fraud to protect themselves from liability or to prevent financial crimes.

Being the hacker that I am, I verified the bug, and submitted a report to the owners of the server and received a handsome reward for the bounty. I also met a person, let’s call this person Mr. B.

Mr. B and I discuss for a while some stuff about exploits, and after some time Mr. B invites me to his “crew” of professional thieves that steal funds using wallet drainers and token grabbers. Over the course of the next 2 years of discussions with Mr. B I discovered he is responsible for nearly 2.5B USD in thefts, he is also a politician, and if that isnt enough, he owns a prominent exchange in europe and was even suspected of money laundering, was arrested, and had the charges dropped. One can easily assume, that Mr. B bribed his way out of prison.

Not only is Mr. B all of the above, but his venture fund provides liquidity as a broker to the venture Fidelity which owns CAYC. I sat in call with Mr. B as he used a telegram hack software known as RisePro to steal crypto wallet secrets by using paid advertisements to boost his traffic. There is no doubt in my mind Mr. B’s identity and his source of wealth.

Do you think that Stake’s grand compliance@stake.com has taken any sort of actions, now that I too reported Mr. B and what is easily discerned through blockchain analysis? Nope, not one bit.

I will end this story with the following citation:

Under Arizona law, people commit the crime of embezzlement if someone else entrusts them with certain property (like money) and they knowingly convert the property to their own without the authority to do so. 

Embezzlement is considered a type of theft/larceny crime in Arizona as well as a type of white-collar crime. The offense can result in a Class 2 felony charge punishable by over 12 years in state prison depending on the amount stolen, at $25,000 and above for each offense.

It's because of my experience with dealing in the industry, I truly know in my heart, that the Justice System is anything but Just. It really disheartens me to think about how so many people can ignore the laws and get away with it, while we lock people up to serve decades for "Organized Retail Theft" - (Yeah, I am talking to you Jeff Reisig).

Dru recently minted his CAYC project, and there are more concerns I have about his use of Price Fixing in these auctions to artificially inflate his NFT’s value. Not only this, but also listed that investors could take part in profit sharing to a now closed company - Not Financial Advice - disclaimer attached.

Money Laundering and Wire Fraud at the federal level in the USA carry a sentence of 20+ years and no doubt, that we have these laws in place for a reason. The reason is to protect citizens from harm, and to prevent funding of terrorists and human trafficking. If you think that these laws are meaningless, think again. Eventually, I have confidence the house of cards will come crashing down for Eddie Craven, Bjian Tehranhi, Dru Mundorf, and Mr. B alike.