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Ed Craven pictured on Instagram at a lunch with work colleagues.Credit:Instagram

Deague bought the block four years ago for $12.2 million and redeveloped the site with wifeNat who designed the interiors.

But they sure as heck didn’t spend $20 million on the rebuild. “We are very pleased with the result and looking forward to the next project,” Deaguesaid. Well,he would,wouldn’t he?

Deague declined to comment on the price,the identity of the buyer or any other details as did Marshall White super agentMarcus Chiminello.

But the eyes of those keen to identify the owner soon turned to Craven,and the answer to the question of how he managed to stump up so much cash for the property lay in one word,readers. One word:cryptocurrency.

Craven is a shareholder in Easygo Gaming,a group of video game developers housed in Royal Bank Chambers on Collins Street.

AnAge/Herald investigation found that Craven,26,helped set up what is believed to be theworld’s largest online cryptocurrency casino Stake.com along with business partnerBijan Tehrani,28,in 2017.

He has spoken about his property preferences in the past while gaming (see video above),denying he had purchased a mansion,and voicing his love of Melbourne apartment living.

“You definitely can’t find any houses in the city. Well,maybe there’s a few,but they’re definitely not easy to get,” he said at the time.

So,intrigued,we contacted buyers agentKim Easterbrookmanaging director Elite Buyer Agents,who confirmed that she had acted for Craven when he purchased the property off market last week.

Rapper Drake has signed a deal with Stake.com.Credit:Universal Music Group

Stake.com sponsors Watford Football Club in Britain and UFC. It has announced a collaboration with multi-platinum record selling hip-hop starDrake.

The rapper will appear in a series of exclusive live video streams on the platform throughout 2022.

Cravenwas quoted as saying:“We share the same love for crypto,gambling and community and are like-minded fans of the technology and culture at the forefront of this movement.”

“It was inevitable,” the rapper said. “Drake and Stake have come together. I am going to be announcing a date for an upcoming live event where I play to win some real money and give it to all of you because what’s better than sharing the love with my people.”

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