「50x Leverage Whale」's Identity Revealed: Served Time for Fraud, Changed Name After Many Years, Arrested Last Year for Stealing from Two Casinos

BlockBeats News, March 20, On-chain detective ZachXBT posted that he had tracked down the “50x Leverage Whale” who had attracted widespread market attention in the past few weeks for making a $20 million profit through high-leverage positions.

Last year, William Parker was arrested for stealing about $1 million from two casinos in 2023 and was sentenced in Finland. Prior to this, he was known as Alistair Packover before changing his name. In the early 2010s, WP/AP made headlines in the UK news for fraud charges related to hackers and gambling.

Clearly, WP/AP did not learn his lesson after serving several years in prison for fraud and may continue his gambling activities.

In summary, starting from January 2025, after engaging in casino games and phishing attacks, WP/AP, who had been prosecuted for multiple crimes, leveraged high positions for on-chain gambling, using a six-figure sum to make a $20 million profit.