Tyceno, streaming YouTuber, was the first to expose the scam. He persuaded young gamers to give them thousands of dollars in NBA 2K22 MT exchange for the promise to make thousands of dollars. Tyceno wrote "I have evidence-based reasons to believe @StepBackRack was behind the massive pyramid scheme, which was illegal that occurred in the NBA 2K Community. In the course of this, more than $200,000 was snatched from vulnerable children with the hope that they could "flip the money'."
It's not clear if Rack or Raangee knew of the scam or if their accounts were hacked. We've tried numerous attempts to contact them, but without success.
According to Tyceno along with other alleged victims who spoke to us, "Rack" reached out to numerous youngsters via the game's in-game voice chat feature. The terms of service ban using the service for unlawful motives, commercial uses or for wagering money with other players. 2K, the owner of NBA 2K, has not ever responded to Cheap 2K22 MT repeated inquiries for information.