The Downfall of a Crypto Influencer: The Story of Gainzy

One of the earliest influencers to promote FTX

Now the main streamer on PumpFun

The story of Gainzy is darker than you think🧵

Before crypto, he was a process analyst.

A chess teacher.
A software engineer.

But in 2017, he quit everything and entered crypto full-time 

Right at the peak of the ICO boom.

He joined a project called Obsidian as a dev.

It later became one of the most infamous ICO rugs of the cycle.

Even Cardano’s name got dragged into it years later.

That was the first time Gainzy’s name got linked to controversy.

After that, he focused on trading.

He built a bot that gave him a steady income through referral links.

The Gainzy Bot

And ended up selling it in 2018 but that wasn’t his last attempt with trading bots

He became one of the earliest influencers to promote FTX.

At his peak, he was making $50K month just from users trading under his code.

Even Cobie was using it 

But when FTX collapsed, he lost a big part of his stack.

He went from supporter to critic overnight

Later, he joined Rollbit as a sponsored streamer.

And this is where things turned dark.

He shilled $RLB while secretly selling millions worth of tokens.

On-chain data linked him to wallets mixing funds through Rollbit itself.

ZachXBT and others called him out.

Gainzy left Rollbit and joined Stake.

But the controversy stayed

Especially after more undisclosed shills surfaced.

He denied most of it.

Now, he’s one of the main streamers for PumpFun.

He’s gone viral for his meltdown during an ETH crash.

He launched his stream memecoin.

And he’s back in the spotlight but not for good reasons today

Today Gainzy crashed his own token live.

Selling $169,000 of his token $GNZYSTRM

But minutes later, a new wallet, created only 24h ago, started buying the bottom

That wallet made $400,000 profit

The wallet has no other trades only Gainzy’s token

Was this coincidence?