According to Tyceno along with other suspected victims from FryeJacob's blog

Taking off last month via the hashtag #givetheirmoneyback, players complained that a prominent person in the community called @StepBackRack (who boasts 3,600 Twitch followers and NBA 2K22 MT is referred to popularly as 'Rack') was able to steal several hundred thousand dollars from the Australian and New Zealand community, in what appears to be an investment scam. There is a suspicion that another player called @Raangee also was involved in the fraud.


YouTuber and streamer Tyceno was the first person to bring the surface the scam that got young gamers to pay thousands of dollars in the belief they'd earn more. Tyceno had written "I have good reasons to believe that @StepBackRack is behind an illegal pyramid scheme that took place in the NBA 2K Community in which more than $200,000 was snatched from young victims who were vulnerable who believed they could "flip their funds'."


But, it's still unclear what the exact circumstances were. Rack or Raangee were knowingly involved in the scam or whether their handles were compromised. We've tried to get in touch with the two of them multiple times but and have had no luck.


According to Tyceno along with other suspected victims who spoke with us, "Rack" reached out to a number of youngsters via the game's in-game voice chat feature. The terms of service prohibit the use of the service to use it for illegal purposes, commercial purposes or to place bets with others. 2K, the owner of NBA 2K, has not been able to Buy MT 2K22 respond to requests for comment.


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By FryeJacob
Added Oct 15

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