Person behind ZKasino arrested
May 3, 2024
Dutch investigators have arrested a man associated with ZKasino, a web3 decentralized gambling platform, on charges of fraud, embezzlement, and money laundering. Assets worth over $12 million were seized from the suspect’s residence. Shortly after its launch, ZKasino altered its rules, preventing investors from withdrawing their ETH, resulting in approximately $33 million in damages for around 10,000 users.
