The cryptocurrency betting platform ZKasino is under investigation after users reported being unable to withdraw funds and the official Telegram channel was banned. The platform's deposit address (0x91...Be45) shows a balance of 10,500 ETH, valued at approximately US$32 million. ZKasino recently converted about $30 million worth of Ethereum bridged by users into its native token without their consent, leading to allegations of a 'rug pull.' Furthermore, the platform's initial DEX offering (IDO) was cancelled, and all participants are set to receive refunds. Reports also highlight that ZKasino's founders were previously involved with the ZigZag project, which resulted in financial losses.
ZKasino launch leads to widespread outrage as $33 million promised to investors is sent to Lido https://t.co/l0nBdONlXs
Eth scammers talking about other scammers to deflect from their scams https://t.co/WKIN5zQVmt
.@BigBrainVC: “Big Brain Holdings invested into the @ZigZagExchange project in 2022, which subsequently resulted in financial losses for us. Some of the previous founders of that project are now part of the @ZKasino_io team, which appears to be fraudulent. We have never invested… https://t.co/jFboqoa5bV
EIP-3074: A Game Changer for the ZKasino Chain The ZKasino chain will be integrating EIP-3074 when it goes live, a significant upgrade set to revolutionise the gaming experience on our platform. Users will no longer need to manage their own ZKAS balance for gas fees,…
Big Brain Holdings: we invested into the ZigZag in 2022, which is a financial loss. Some of the previous founders of ZigZag are now part of the ZKasino, which appears to be fraudulent. We have never invested in ZKasino but were offered a pro-rata token distribution that we have… https://t.co/Bf9mhxj86f
🚨JUST IN: MAJOR VC @BIGBRAINVC SAYS @ZKASINO_IO TEAM OVERLAPS WITH FAILED @ZIGZAGEXCHANGE - "APPEARS TO BE FRAUDULENT"
Big Brain Holdings invested into the @zigzagexchange project in 2022, which subsequently resulted in financial losses for us. Some of the previous founders of that project are now part of the @ZKasino_io team, which appears to be fraudulent. We have never invested in ZKasino…
Big Brain Holdings invested into the @zigzagexchange project in 2022, which subsequently shutdown and resulted in financial losses for us. Some of the previous founders of that project are now part of the @ZKasino_io team, which appears to be fraudulent. We have never invested…
We made a mistake investing in Zkasino early. Founder, Ildar Elham, rugged us for $35 million. Summary investigation on Zkasino 🧵👇 https://t.co/l7ZzKQWdCD
ZKasino rugpull hit me hard: • I invested $20k in private round. • I sent 39 $ETH to ZKasino Bridge. • I shilled it to my followers and some of them got scammed too. Even though first 2 things are only my problem, I'm really sorry for the last one. I want to make a…
This shit rugged $30m in $ETH but raised a Series A at $350m valuation. Meanwhile, 🟡Rollbit: 🙈Is battle tested & operated reputably x4yrs 🙉maintains THE best analytics dash in GambleFi 🙊Makes $700m per annum in revenue ...but @rollbitcom sits BELOW a $350m FDV Literally… https://t.co/Saec0ixJny
⚠️NGL. This should have raised a red flag. If you click the below medium article: “ZKasino’s audit by CertiK is currently underway… While awaiting the results, ZKasino presents a pre-audit done through the revolutionary source of wisdom: ChatGPT.” 🤮 Apparently @CertiK &… https://t.co/b18c7Mqbdf https://t.co/1hxlZKkWxM
The IDO platform Ape Terminal issued a statement that the ZKasino IDO has been cancelled, and all participants will receive refunds. In addition, ZKasino has transferred 10,515 ETH (approximately $32.9 million) from the deposit contract to a 3/4 multisig contract (0x79…c491),… https://t.co/srjuOaNl8U
if you put money into zk*sino after their chat gpt audit you are beyond help https://t.co/SgeSfCAzhf
So @ZKasino_io - founded by a serial scammer - product looks like this - raises $30M? https://t.co/oHPAhxPz9O
Can we short $ZKAS? Study the grifters continuously FUD'ing Rollbit, they're often the dirtiest scammers of them all. Sucks to see these fuckers successfully steal tens of millions from our industry even after countless warnings from notable figures in this space. The only… https://t.co/az9ibEXn77
Converting your hard crypto assets to zkas? https://t.co/9vEwpoc17h
ZKasino proudly displays CertiK audits. If you gave them money you deserve to lose ALL of it. https://t.co/Ai56Fv2sLR
This is nasty, probably even criminal Have no funds in this but got DMs from smaller accounts that were scammed @Derivatives_Ape there’s no way to spin this other than theft Clearly advertised it was a bridge and 1:1 removable… website said the eth can be bridged out and is… https://t.co/xBRI8BLM02
The ZKCasino move is pretty crazy even by crypto standards lol $30M ETH were converted to native currency and vested against the users will https://t.co/BysKHDuJFy
How to rug your community for $30,000,000 USD: 1) Get people to bridge ETH in a "bridge to earn" program. 2) Promise to return all bridged ETH 1:1. 3) Automatically convert all bridged ETH into your own worthless gas token "ZKAS" without prior consent. 4) Pretend it was done… https://t.co/71eEnFVbpe
NEWS: @ZKasino_io launch their chain and convert $30M worth of bridged ETH to their native token It was said that the ETH would be returned 1:1 previously https://t.co/kCmDX46mYF
So ZKcasino told people to “farm their bridge” for tokens with a 1:1 conversion after it ends. And then they converted the ETH in the bridge to native tokens without returning it to people? Lol. Lmao.
Cryptocurrency betting platform ZKasino is reportedly facing issues with users being unable to withdraw funds https://t.co/FCU9fLjAiA
The ZKasino chain is now live. Welcome to the future of blockchain gaming. https://t.co/UxxIN3a6oK
The crypto betting platform ZKasino has been questioned. Users are currently unable to withdraw money. The official Telegram has been banned. ZKasino’s deposit (0x91...Be45) reaches 10,500 ETH, worth US$32 million. Previously, ZigZag had issued an article accusing the ZKasino…
The crypto betting platform ZKasino has been questioned by Rugpulled. Users are currently unable to withdraw money. The official Telegram has been banned. ZKasino’s deposit (0x91...Be45) reaches 10,500 ETH, worth US$32 million. Previously, ZigZag had issued an article accusing…