2024-5-3 17:22 |
The FIOD arrests a man linked to the ZKasino scam, seizing over 11 million euros in assets and securing victim funds with Binance's help. The post ZKasino founder arrested in Netherlands and over $11 million seized appeared first on Crypto Briefing. origin »
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Dutch police arrested a 26-year-old man on April 29. The arrest is connected to the ZKasino crypto gambling scam that involves over $30 million. Police have seized 11. 4 million euros ($12. 2 million) in crypto and other assets from the suspect.
2024-5-3 13:41 | |
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After swapping $33 million ETH to their native token, ZKasino co-founders went dark, prompting a response from investors. The post Investors create group to take legal action against ZKasino co-founders appeared first on Crypto Briefing.
2024-4-24 01:35 | |
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Cryptocurrency casino ZKasino went live over the weekend but the launch was met with dismay from investors, who are calling foul on the company for sending $33 million worth of user deposits to staking platform Lido.
2024-4-23 16:46 | |
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ZKasino, a blockchain-based gambling project, has sparked widespread outrage within the crypto community after abruptly shifting $33 million worth of investor and user funds to the Lido staking protocol.
2024-4-23 15:04 | |
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Accusations from ZigZag regarding diverted funds and false promises have led to widespread community concerns over ZKasino's platform. The post ZKasino Rug Pull Scandal: $32 Million Ethereum at Risk appeared first on BeInCrypto.
2024-4-21 01:00 | |
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Crypto gambling platform ZKasino is again in the spotlight after returning to the community to announce the refund to affected users. The now-disgraced platform was in the news over a month ago after allegedly stealing $33 million from investors.
About two weeks ago, the crypto space faced another alleged rug pull. This time, the gambling platform and blockchain casino ZKasino was at the center of the accusations, with many investors claiming their money was gone.
The Netherlands’ Fiscal Information and Investigation Service (FIOD) announced the arrest of a 26-year-old suspected to be involved in the ZKasino decentralized gambling platform scam. Meanwhile, speculations within the crypto community suggest that the arrested person could potentially be the pseudonymous founder of the platform known as Derivatives Monke.
Crypto-related exploits and scams plummeted 68% in April compared to the previous month, reaching a historic low of $25. 7 million, according to blockchain security firm CertiK. A breakdown of the incidents showed that the bulk of the losses, totaling $21 million, stemmed from exploits targeting blockchain protocols.
Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time. The price is now 23% below its recent pre-halving all-time high of $73,000. Data from Coinglass shows that Binance, the most liquid exchange for Bitcoin trading, has several buy walls in the order book down to […] The post Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges appeared first on CryptoSlate.
Ethereum co-founder Vitalik Buterin said the issues with ZKasino were evidence that the term “Zero-Knowledge (ZK)” has gained enough prominence in the industry to attract misuse by fraudulent actors.