That was perpetrated in the NBA 2K Community

The trend was sparked last month by the hashtag #givetheirmoneyback, gamers have claimed that Nba 2k22 Mt a prominent member of the community of @StepBackRack (who boasts 3,600 Twitch followers and is also known commonly as 'Rack') has stolen hundreds of thousands of dollars from Australian as well as New Zealand community, in what appears to be an investment fraud. Another gamer, @Raangee was believed to be involved in the fraud.

YouTuber and streamer Tyceno was the first person to bring to light the scam that convinced gamers to fork over thousands of dollars in the hopes they could earn thousands. Tyceno wrote "I have good reasons to believe @StepBackRack was the source of an enormous pyramid scheme that was illegal that was perpetrated in the NBA 2K Community, where more than $200,000 was snatched from young victims who were vulnerable because they believed they could "flip their funds'."

However, it's not clear whether Rack or Raangee were in any way involved in the scam or whether their handles were compromised. We've tried several times to contact them but without success.

According to Tyceno, along with several alleged victims who spoke to us, "Rack" reached out to a number of youngsters via the game's in-game voice chat feature. The terms of service ban using the service for illegal purposes, commercial purposes or to bet money on other players. 2K, the publisher of NBA 2K, has not ever responded to requests for information.

Tyceno alleged Rack requested that gamers invest large sums of cash, promising unusually high returns that could be as high as 40 percent. "I have lost $6000, but was to receive $11,000 in compensation for the "interest" that we were expected to be paying," one alleged victim aged 21 has told us. "The scam began by a dude named Rack making hundreds of thousand dollars bets, and then trying to cheap mt nba 2k22 exaggerate how much money he apparently had."