Investigators have linked the $30 million Zukasino alleged fraud figures to a contemporary cryptocurrency venture (white) branded within the chain. Posted on June sixteenth x.

Whiterock emerged in December 2024 with unverified claims about nameless groups, exaggerated consumer counts and USDX reserves, in keeping with researchers at Blokiments. Notes dated June thirteenth.

proof

Zachxbt added contemporary proof by discovering influencers who’ve been paid from wallets certain by White Rock.

Particular person transfers in February and March present the identical quantity that immediately replaces Zkasino wallets and enters Whiterock’s handle by way of Monero Bridges.

Potential private hyperlinks tighten the overlap. The addresses that deployed the Whiterock settlement exchanged messages utilizing “ildarthegrandmaster” (e-mail safety) by way of e-mail tied to their Chess.com accounts.

Ildar Ilham, also called “Prometheus” within the Zkasino episode, makes use of the alias “Goedel” throughout a number of developer channels.

Zachxbt stated the match will “verify that a minimum of one Zkasino founder will oversee the Whiterock exercise.” He urged the intensive venues MEXC and gate.io to both abolish white or conduct a deeper overview.

He argued that advance actions on different tasks linked to groups like Zkasino and Syncus and Zigzag confirmed patterns of elevating capital, biking funds via the privateness rail and abandoning the acknowledged roadmap.

The courts of Ilham and two different Zkasino co-founders Elham Nourzai and Lior Ben Zakan have but to seem in public dockets within the Netherlands. Whiterock’s web site doesn’t checklist any company entities, and venture managers didn’t reply to questions in emails despatched by Zachxbt on Sunday.

Zkasino’s loss and the best way of laundry

Zkasino raised greater than $30 million in Ethereum (ETH) throughout its 2024 pre-sale. Detoured Person Property As a substitute of constructing marketed playing platforms.

Dutch Monetary Crime Company Fiod Co-founder arrested, In April 2024, it was recognized on-line as “By-product Monkes” and seized the related infrastructure.

Based on a courtroom software cited by ZACHXBT, two of their friends, Ilham and Lior Ben Zakan, have been run from the Center East on the time.

Tracked transactions after Nourzai’s late 2024 launch present stolen ETH transferring via Zksync, Starknet, Solana, and a number of EVM suitable chains.

The pockets proprietor routes the funds to the shop dealer and exchanges the tokens to Monero by way of on the spot exchanges; A punted, lasting future Extremely liquid. These measures have damaged the supply of belongings whereas focusing them on new ventures.

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