Self-described crypto rugpuller says 189 SOL was stolen from his phone during Bali night out

Self-described crypto rugpuller says 189 SOL was stolen from his phone during Bali night out

N
News Editor
2026-07-22 13:39:34
Protos reported that Ronnie Magrehbi, a self-described crypto rugpuller with a long record of alleged scams and criminal charges, says he lost 189 SOL, worth about $14,000, while partying at a beach club in Bali. According to Magrehbi, he handed his unlocked phone to a woman he had just met so she could look up and follow her Instagram account. After she returned the device, he said the mood changed and the women disappeared after heading to the bathroom. He later found that the funds had been transferred from his Phantom mobile wallet to an address he had never interacted with before. Video shared by Magrehbi appears to show him confronting the women, then filming them again at a police station after he said local police sent 12 undercover officers to track them down and arrest them. Protos also revisited Magrehbi’s past, including armed robbery and burglary charges in 2020, a conspiracy to commit wire fraud charge tied to an NFL player’s social media account, allegations involving ransomware-style extortion, and criticism in 2025 after meme coins linked to children with cancer were used in a Pump Fun rug pull.
BaliSOLPhantom WalletRonnie MagrehbiCrypto ScamRug PullProtos

Ronnie Magrehbi, who has described himself as a crypto rugpuller, says he was robbed of 189 SOL, worth roughly $14,000, while partying at a beach club in Bali, according to Protos.

Magrehbi, who previously admitted to using stories about babies with cancer to pump and dump crypto tokens, posted footage on X showing himself taking shots with a group of women he said he had just met at a Bali beach club. He said he handed his unlocked phone to one of them so she could look up and follow her own Instagram account for him.

After the phone was returned, Magrehbi said the atmosphere changed. The women went to the bathroom and then disappeared. In his post, he wrote, “I got robbed for 189 SOL (~$14,000) at a beach club in Bali. What happened next sounded so unbelievable that if I hadn’t lived it myself, I probably wouldn’t believe it either. The night ended with undercover intelligence officers, arrests, and a police interrogation.”

When he checked the device, he said he discovered that the SOL had been transferred out of his Phantom mobile wallet to an address he had never interacted with before. Footage shared online appears to show him confronting the women and accusing them of taking the funds. In the video, one woman appears panicked while another remains silent as he films.

Magrehbi said he then called police. Protos reported that 12 undercover officers tracked the women down and arrested them. He later kept filming at a police station, where he can be heard saying, “They wanna steal and not follow the law of the land, they can deal with the consequences. All of them. How about that.”

Protos revisits Magrehbi’s criminal and scam allegations

Protos noted that Magrehbi uses the name “29” on X. In January 2020, when he was 19, he was charged with armed robbery and burglary after police said they caught him and three accomplices robbing a man at gunpoint and taking his jacket and bag.

Self-described crypto rugpuller says 189 SOL was stolen from his phone during Bali night out 3

Later that year, he was charged with conspiracy to commit wire fraud. Authorities alleged that he took control of a National Football League player’s social media account and held it for ransom. The athlete allegedly paid, but Magrehbi did not return access to the account. Authorities also said his accomplice, Trevontae Washington, targeted both NFL and National Basketball Association players.

In 2025, Magrehbi was labeled a “scumbag crypto scammer” after investors were rug-pulled through Pump Fun memecoins that appeared to exploit children with cancer. Protos said he was later recorded mocking the children and thanking them for helping him make thousands of dollars.

The outlet added that Magrehbi has openly boasted about his scamming history in online interviews. In an interview with YouTuber THURL DES, he also admitted to draining crypto wallets with malware.

Protos also wrote that he has been linked to the alias “Ronny Fargo,” and that he has repeatedly claimed to have hacked Mark Zuckerberg’s Twitter and Pinterest accounts in 2017. Another YouTuber, Atozy, disputed that story, saying there is no reported connection between the hacking group OurMine, which hacked Zuckerberg, and Magrehbi’s other alleged social media takeovers involving NFL accounts.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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