He Lost $10M in Two Days: Trainwreck Denies Loan to Adin Ross

The popular gambling streamer known for his close ties to crypto casino platform Stake, which he recently hinted he might separate from, is back to streaming following a long, three-month break. 

Trainwreck, whose real name is Tyler Faraz Niknam, wasted little time drawing attention with strong comments about the online gambling space and his fellow creators. 

During his comeback stream, the 1990-born, who grew up in Scottsdale, Arizona, said he believes he has missed out on roughly $2 billion over the past five years by choosing not to promote gambling affiliate codes.

$10M Loss in Two Days

The streamer also brought fellow creator Adin Ross onto a live call during the broadcast. The conversation quickly turned awkward when Ross asked to borrow money. Trainwreck declined immediately, saying he had lost more than $10 million in just two days and could not help financially.

He added that while he still considers Ross a friend, he is not in a position to lend money. At the time of the call, Trainwreck was streaming high-stakes gameplay on Pragmatic Play’s slot title The Dog House, betting $1,000 per spin.

Adin Ross, however, is no stranger to large sums in the gambling world. He signed a deal with the Rainbet platform in September, reportedly including a $50 million signing bonus. In recent months, he has leaned heavily into gambling-focused content and has also worked alongside Stake CEO Eddie Craven in various streams.

Ross is also currently part of a legal case alongside rapper Drake. They have been accused of illegally promoting gambling activities in the state of Missouri. 

The lawsuit was filed in Virginia’s federal court and is part of a wider wave of scrutiny aimed at online gambling promotions by influencers.

The two state residents that filed the lawsuit claim the two popular gambling influencers used their online presence to endorse the Stake platform in ways that far exceeded standard promotion techniques, including by showcasing the site during their live streams as well as social media, running giveaways, promoting high-stakes betting, and displaying dramatic wins that allegedly encouraged their viewers to sign up and play for themselves. 

The two plaintiffs say the advertisements ultimately created the false perception of a small gambling risk, also downplaying the potential for addiction and money loss.