According to Mars Finance, investors created the Telegram group "ZKasino Legal Task Force" to sue the co-founder of ZKasino for allegedly misappropriating nearly $33 million in Ethereum from users to exchange for its native tokens and then lost contact. The dispute began on March 23, when Kedar Iyer, founder of ZigZag Exchange, published an article on the X platform, saying that ZKasino co-founder Monke used ZigZag's funds to start ZKasino. BlackDragon revealed in an article on April 23 that they had planned to invest in ZKasino. However, BlackDragon's due diligence team said that the investment was not approved because ZKasino team members reacted poorly to revealing their identities.
In addition, user Cygaar pointed out that ZKasino's blockchain technology does not match its publicity and is only a fast-build version based on Arbitrum Nitro. At present, the distribution of ZKAS tokens is still unclear, and investors who purchased ZKAS during the pre-sale have not received their tokens. (Crypto Briefing)
