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ZKasino rug pull suspect arrested in United Arab Emirates

Police arrested 21-year-old Ildar Ilham over the $30M rug pull orchestrated by crypto betting platform ZKasino.

ZKasino exploiter saw $27M liquidated on Hyperliquid trade

According to X users, the wallet placed a 20x leverage trade on the price of ETH that would liquidate if it fell to $1,745. On Sunday, it did.

ZKasino has announced a ‘two-step bridge back process’ for users to withdraw their share of what was branded a $33 million rug pull.

ZKasino users were told that all bridged Ethereum had been converted to its native gas token, ZKAS. This was apparently done as ‘a favor.’