YouTuber and streamer Tyceno was the first person to 2K22 MT expose the scam that lured gamers to fork over thousands of dollars believing they'd earn more. Tyceno wrote "I have strong evidence to believe that @StepBackRack is behind the huge illegal pyramid scheme which took place within the NBA 2K Community in which over $200,000 was stolen from young , vulnerable victims because they believed they could 'flip their money'."

It's unclear if Rack or Raangee knew of the scam or whether their accounts were compromised. We've tried contacting the two of them multiple times but to nothing to no avail.

Tyceno and others who are suspected victims told us how "Rack" made contact via chat with a range of gamers in the age group. (NBA 2K's terms of service exclude the use of its service for commercial use, or to wager money with others. 2K The publisher of NBA 2K hasn't returned numerous requests for comment.)

Tyceno Tyceno Rack demanded that players invest large sums of money with promises of unusually high returns that could be as high as 40 percent. "I lost $6000and was expected to get $11,000 on that due to the "interest" that we were supposed to be paying," one alleged victim aged 21 informed us. Rack placed hundreds of thousands of dollars worth of bets and was just trying to brag about how much it cost.

Another victim, aged 17 years old, made an online report of cybercrime through the Australian Cyber Security Centre after an alleged loss of $6,000 as part of the scam."He [Rack] described it as giving a loan that was then repaid by interest," the teenager said. He had a good reputation in the community, and he was able to Buy NBA 2K22 MT Coins manipulate me and others to send large amounts of money.