ZKasino gives investors 72-hour window to get back deposited ETH
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 29 2024- ZKasino Refund Process: ZKasino has initiated a 72-hour refund process to return funds to investors after being accused of a $33 million "rug pull."
- Refund Details: Investors must send back their ZKAS token balance to claim a 1:1 ratio refund of their initial Ether investment.
- Concerns and Doubts: Some investors are skeptical about the legitimacy of the refund process, worrying it might be a scam or a wallet drainer.
- Arrest and Denial: Dutch authorities arrested a suspect related to the rug pull incident, while the individual denied the allegations of an exit scam.
- Binance Involvement: Binance played a role in the arrest of the ZKasino scam suspect, who was accused of diverting funds to staking instead of returning them to investors.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
