Web3 shocking scam: ZKasino founder changes his identity and reaps profits, WhiteRock_Fi inside story revealed!
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Exposure of Web3 Fraud Project: The Fraudulent Project ZKasino "Reincarnated" as WhiteRock_Fi111220
1. ZKasino Ran Away with Funds, Reborn as WhiteRock_Fi
In March 2024, the Web3 gambling platform ZKasino suddenly "ran away", siphoning off 10,500 ETH (worth over $30 million at the time) and not returning any funds to investors.
Just 6 months later (September 2024), the multi-signature wallet controller and co-founder of the ZKasino project, Prometheus, launched a new identity as @WhiteRock_Fi.
(Prometheus' new Twitter: https://x.com/20xBull)
Prometheus' old Twitter: https://x.com/xbt_prometheus?s=21
2. Completely Replicated Modus Operandi
- Marketing Template Copied: The tweets, hashtags, and promotional rhetoric used by WhiteRock_Fi on platforms like TikTok and Instagram are highly consistent with ZKasino, even directly recycling old content, with the clear goal of attracting new victims.
- Backdoor in Smart Contract: The team has continued to use the ZKasino's modifiable smart contract code (previously used to siphon funds) to issue the so-called "stablecoin", retaining the ability to arbitrarily change the rules.
- Money Laundering Pathway: Funds are being transferred through WhiteRock_Fi's treasury address, likely to launder the stolen ETH from ZKasino.
3. Forged Celebrity Endorsements, Manipulating Market Perception through KOLs
- Counterfeiting Trump: The team has sent tokens to a fabricated wallet associated with Trump, and Chinese KOLs have spread rumors of "Trump's WLF Foundation investing" - on-chain data clearly shows these transactions were initiated by the project team, with no connection to the Trump Foundation.
- KOL Matrix Fraud: In the Chinese community, KOLs responsible for promotion are using a unified script, claiming the tokens have been "acquired by Trump's WLF Fund" - identical to the ZKasino era.
4. Key Evidence Chain
- Twitter Smoking Gun: A small account that only followed Prometheus before has now become https://x.com/20xBull. The familiar writing style of Prometheus' tweets also easily identifies this as the same person.
- Code Risks: The team has retained the ability to modify the smart contract (as per the ZKasino incident record), potentially allowing them to siphon funds again.
- Social Account Connections: Comparing historical ZKasino posts and current WhiteRock_Fi copy, the project vision and marketing rhetoric are **highly similar**.
This is a carefully designed, multi-layered fraud scheme. WhiteRock_Fi is not a new project, but rather the ZKasino team's attempt at money laundering and re-exploiting victims.
Urgent call to action:
- Immediately stay away: Do not participate in any WhiteRock_Fi token or "stablecoin" transactions.
- Collective reporting: Participants should withdraw their funds as soon as possible.
- Expose accomplices: KOLs who promoted the project should quickly issue clarifications.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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