Drake has publicly criticized cryptocurrency playing platform Stake after claiming the positioning blocked a number of makes an attempt to withdraw his cash. The rapper shared a screenshot on Instagram of a customer support trade the place representatives apologized for failed transactions, writing, “4 withdraw makes an attempt blocked on @stake with no rationalization. Is it private?”
The dispute comes shortly after Drake appeared to finish his partnership with Stake, a deal reportedly price $100 million yearly since 2022. On a Kick livestream hosted by fellow Stake endorser Trainwreck, Drake lashed out at co-founders Ed Craven and Bijan Tehrani, accusing them of disrespecting expertise regardless of serving to construct the platform’s reputation. “We constructed this sh**… and so they deal with us like sh** nonetheless,” he wrote, earlier than deleting his Kick account and confirming he would not stream with the platform.
Drake had been one in every of Stake’s highest-profile promoters, showcasing large bets and multimillion-dollar wins and losses throughout livestreams. Whereas a few of these wagers have been rumored to be lined by Stake as a part of his endorsement deal, Drake beforehand admitted to shedding over $8 million in a single month of sports activities betting.
The fallout additionally comes as Trainwreck himself questions his future with Stake, citing alleged fraudulent payouts and multimillion-dollar playing losses. He steered the corporate turned the highest crypto on line casino solely after his involvement and admitted he by no means secured a proper contract.
With each Drake and Trainwreck voicing public frustration, the way forward for Stake’s partnerships with celeb endorsers seems more and more unsure.