Dice Hi-c Loonie Scandal Here

Critics pointed out that for the martingale to succeed 15 times without a single loss, the player would need a bankroll exceeding $500,000 – which the account had. But the timing of wins coincided with a streamer’s “lucky loonie” appearance on camera.

The Ontario Securities Commission (OSC) later issued a warning about “gambling-themed meme coins” but did not name Hi-C due to jurisdictional issues (he claimed residence in the Cayman Islands during the stream). 4. The “Loonie” Scandal – Cultural and Legal Fallout Key Event: A class-action lawsuit was filed in April 2024 by 23 Canadian investors who lost over $1.2 million in the LOONIE token. The plaintiffs alleged that Hi-C’s “lucky loonie” Dice win was a pre-arranged promotional stunt to lend credibility to the token. dice hi-c loonie scandal

LOONIE token pumped 1,400% in 90 minutes, then dropped 90% over the next 6 hours. Blockchain sleuths found that the deployer wallet (funded by an exchange linked to Hi-C) sold 80% of the supply into the pump, netting ~$340,000. Critics pointed out that for the martingale to

“Hi-C” was later revealed to be a known shill for a Solana meme coin called “LOONIE” (ticker: LOON) . Just hours before his stream, the LOONIE token’s liquidity pool had been seeded with 200 SOL (~$20,000). After his win, he tweeted: “The loonie never misses. Buy $LOON.” LOONIE token pumped 1,400% in 90 minutes, then

In November 2023, an anonymous account (later linked to a Canadian whale) placed 15 consecutive bets on Dice with a 98% win probability (betting on >2). The odds of winning 15 times in a row at 98% is roughly 73.7% – not impossible, but the payout multipliers were suspicious. The player used a martingale strategy, starting with small bets and doubling after losses. However, they never hit the 2% loss boundary.