---
title: "Cypher core contributor admits to stealing $260K and gambling it away"
url: https://diffcoin.com/cypher-core-contributor-admits-to-stealing-260k-and-gambling-it-away/
description: "The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.” Source link"
published: 2024-05-15
updated: 2024-05-15
author: "Mila"
site: "Diffcoin"
---

# Cypher core contributor admits to stealing $260K and gambling it away

The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”

[Source link](https://cointelegraph.com/news/cypher-contributor-admits-stealing-gambling-protocol-funds)