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ZKasino misappropriates all user funds to go long ETH, and the community strongly criticizes: never seen such shameless behavior...
On-chain monitoring found that ZKasino, a decentralized gambling platform that previously swept away user funds, yesterday leveraged all user funds, LongEthereum... (Synopsis: ZKasino, suspected of Rug's roll, announced a 1:1 refund of ETH, but with a time limit of 72 hours, $ZKAS must be refunded. (Background added: Encryption gambling platform ZKasino scam A suspect arrested in the Netherlands seizes assets such as encryptioncoin for a total of $12.2 million) Decentralized gambling platform ZKasino launched bridge ETH in March this year to earn its token $ZKAS, attracting more than 10,000 people to participate and raising more than 10,500 ETH (about $32 million). However, in late April, ZKasino broke out a suspected "Rug Pull" incident, causing panic and condemnation in the community: On April 18, ZKasino was found to have deleted the sentence "Ethereum will be returned and can be returned by bridge" from its bridge website Bridge funds; On April 21, on-chain analyst Ember Monitoring said that the project has transferred all ETH deposited by users bridge to ZKasino to Multisig Address, and then deposited into Lido stake for interest; Also on April 21, ZKasino also seemed to modify its official website description, forcibly replacing the ETH deposited by users with the project party's platform coin. A month after ZKasino misappropriated user funds LongEthereum, although ZKasino promised on May 28 to refund ETH at a 1:1 ratio to those who did not participate in the ZKAS conversion, it has not yet started repayment. And according to on-chain data analyst Ember monitoring on November 23, ZKasino not only did not fulfill the refund promise, but also misappropriated user funds and began to leverage LongEthereum on on-chain: It seems that the user waited for the refund for 7 months should be out of play, ZKasino took the user's ETH 7 hours ago in the on-chain leverage Long ETH to speculate the coin, dare you believe it? They deposited 5,270 ETH into Aave as Collateral, borrowed 11.589 million DAI, and then bought 3,500 ETH... 看来 @ZKasino_io 用户等了 7 个月的退款应该是没戏了:他们在 7 个小时拿着用户的 ETH 在链上杠棒Long ETH fried 起币来了,你敢信。 他们将 5,270 ETH 存进 Aave 作为Collateralborrowed 了 1158.9 万 DAI 然后买进了 3,500 ETH... What, you're quasi-bar, stir-fry, and then put ETH... pic.twitter.com/TyunyJ6EPe — Ember (@EmberCN) November 23, 2024 ZKasino will all user funds LongEthereum Not only that, according to Ember monitoring yesterday (26), ZKasino misappropriated user funds again yesterday and continued to play in on-chainLongEthereum: ZKasino is playing bigger and bigger, and continues to leverage. In the past 15 minutes, they deposited 5,265 ETH deposited in another Address, also deposited Aave as Collateral, loaned 12.348 million DAI, and bought 3,515 ETH. They have now deposited all 10,535 ETH of their users into Aave as a margin, lent 31.937 million DAIs, and purchased 9,316 ETH, with an average price of $3,428 in leveraged ETH. ZKasino 越玩越大,还在继续上杠臂过去 15 分钟里他们将另一个Address存放的 5,265 ETH 也存进了 Aave 作为Collateral借出 1234.8 万 DAI 买进了 3,515 ETH。 他们现在是已经把用户的 10,535 ETH 全部存进了 Aave 作为保证金借出 3193.7 万 DAI 购买了 9,316 ETH。 这部分杠臂买进的 ETH 均价 $3,428。 … pic.twitter.com/YXofe4leuV — Embers (@EmberCN) November 25, 2024 The community bombarded ZKasino When ZKasino first misappropriated user funds LongEthereum, the community was outraged, saying that ZKasino was really shameful; But there are also helpless users who are beginning to look forward to whether ZKasino will return user funds after making money this time? But regardless of whether Ethereum is followed by rise or fall, ZKasino's dictatorship and delay in paying back the money must still be condemned, after all, losing is only losing the user's money, and if you earn, you don't know when you will return the user's money.... Related reports BTC market share dropped to 58%, analysts: BTC impact 100,000 blocked, market funds or flow to Ethereum and other AltCoin BTC "overnight big dump $6,000" narrowly lost 93,000, Ethereum rebounded quickly, funds flowed into AltCoin Quick overview jump.fun: 6 ETH Liquidity will be given away by offering coins, can it help Ethereum regain the meme position? "ZKasino embezzled all user funds Long ETH, the community criticized: I have never seen such a shameful ..." This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".