Well, once his PM videos released people saw GIFs and videos of him posted (particularly the one of him in the shower with his big dick on full display) which made people sit up and take notice which eventually led to his real identity being discovered. I'm assuming he was contacted through social media (he had FB, Instagram and Twitter) by lots of thirsty gays presumably asking for xxx content.
Seeing a chance to make money, he set up his own site selling videos and stuff for purchase. However, it closed down really quickly with a lot of people saying they paid for content which he never sent out. I remember one guy in particular, saying he paid for Tim K to fly out and see him but he took the cash and never replied.
Some of the videos from his site subsequently leaked and are pretty easy to find online.
So yeah, he is a scammer at heart so i'd be wary of sending him any cash.