Crypto detective ZachXBT has once again stirred the pot—this time by unmasking one of Hyperliquid’s most talked-about traders as a convicted UK fraudster. In a detailed exposé posted on March 20, ZachXBT linked the high-risk trader known as “MELANIA” (or @qwatio on X) to William Parker, a British citizen with a shady track record stretching back over a decade.

Between January and March, Parker—or at least the trader believed to be him—caught attention for raking in nearly $20 million through leveraged trades on Hyperliquid. But what looked like high-stakes success may actually be part of a larger pattern of fraud.

ZachXBT’s investigation followed a familiar formula: trace blockchain activity, cross-reference identities, and pull the digital threads until the story unravels. This time, the trail ran through Binance, Roobet, Alphapo, and a handful of Solana-based gambling platforms.

The detective flagged an address linked to Parker that had received $17,100 in funds from phishing victims. That same address had previously been marked as a “drainer fee” wallet—often used in phishing attacks to collect stolen funds. The icing on the cake? A wallet (0xe4d3) used by the trader was tied to a UK phone number registered to William Parker.

One of Parker’s close-followed accounts, CryptxxCatalyst, was already known in phishing circles. Even more damning: records from January 2025 show him allegedly manipulating a casino game while continuing to target phishing victims.

The Alias Game: Peckover, Packover, Parker

If the name William Parker doesn’t ring a bell, it might be because he’s had a few. Before Parker, he was William Peckover. Before that, Alistair Packover. Each identity came with its own set of scandals. In the early 2010s, he was in UK headlines for hacking-related fraud, and in 2023, Finnish authorities convicted him of stealing $1 million from two casinos.

ZachXBT summed it up best:

"It is abundantly clear WP/AP has not learned his lesson over the years after serving time for fraud and will likely continue gambling."

Public Denial and a Dusty Defense

Following the accusations, Parker responded via X, dismissing ZachXBT’s findings.

The reference to “dusting” relates to a tactic where very small amounts of crypto are sent to a wallet to potentially link it to illegal activity. It's a known technique but not one that holds up well in the face of ZachXBT’s detailed analysis, which included transaction patterns, connected addresses, and Telegram handles linked to casino withdrawals.

Despite Parker’s denials, the evidence is hard to ignore. According to Arkham Intelligence, a wallet tied to him still holds over $23 million in digital assets—some of which may now be under increased scrutiny.

Why It Matters

ZachXBT’s investigations consistently pull the curtain back on crypto’s darker side. While the industry is pushing toward mainstream legitimacy, stories like this remind us that bad actors still roam freely behind pseudonyms, avatars, and fresh aliases.

And in the case of William Parker—aka MELANIA—the patterns of behavior suggest that no matter how much profit is made or how many identities are shed, the past has a way of catching up.

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