Ronnie Magrehbi handed his unlocked phone to a stranger at a Bali beach club, and walked away $14,000 lighter. The self-described crypto rugpuller, known on X as "29," says a group of Australian women he'd been drinking shots with transferred 189 SOL from his Phantom mobile wallet while he wasn't looking. He gave one of them the phone so she could pull up her own Instagram account for him to follow. When she handed it back, the mood changed fast. The girls slipped off to the bathroom and never returned.
Checking his wallet, Magrehbi found the SOL gone, sent to an address he'd never touched before. He posted footage of himself confronting the group, phone in hand, filming as one girl panicked and another stood completely still. He called the police. Twelve undercover officers tracked the women down and arrested them. Magrehbi then filmed them inside the police station, telling the camera: "They wanna steal and not follow the law of the land, they can deal with the consequences. All of them."
The man doing the complaining has his own record
Magrehbi's outrage landed a little differently once people started checking his background. At 19, in January 2020, he was charged with armed robbery and burglary after police caught him and three others robbing a man at gunpoint and taking his jacket and bag. Later that same year came a conspiracy to commit wire fraud charge: he allegedly hijacked an NFL player's social media account and held it for ransom, took the payment, and never gave the account back. His alleged accomplice, Trevontae Washington, reportedly ran the same play on both NFL and NBA athletes.
By 2025, Magrehbi had added a new chapter. He was publicly called a "scumbag crypto scammer" after rug-pulling investors through Pump.fun memecoins that used imagery of children with cancer to drive hype. A recording surfaced of him apparently mocking those children and thanking them for helping him pocket thousands. In a YouTube interview with THURL DES, he admitted to draining crypto wallets using malware. He's also gone by the alias "Ronny Fargo" and has claimed to have hacked Twitter and Pinterest accounts.
So the man who built a reputation on taking other people's money got his Phantom wallet drained at a beach party in Bali. The 12 officers, the police station footage, the indignant monologue about laws of the land, all of it filmed and posted by someone who has bragged about his own scams in online interviews.
This article is for informational purposes only and does not constitute financial advice.
