One of many wallets behind the $33 million “rugging” of ZKasino has misplaced over $27 million whereas leverage buying and selling on Hyperliquid, regardless of traders nonetheless ready to be paid again.
The pockets was concerned within the probably rug pull of ZKasino again in April 2024. ZKasino is a decentralized playing platform that satisfied traders to speculate their ETH into its “bridge-to-earn” program.
These traders had been then unexpectedly informed that these funds can be transformed into its token ZKAS and wouldn’t be instantly withdrawable. The ten,505 ETH invested reached a worth of $40 million, and customers had been solely given a 72-hour withdrawal window in Could 2024.
On April 29, 2024, Dutch authorities introduced the arrest of a 26-year-old related to ZKasino after seizing his luxurious automobile and €11 million ($12 million).
ZachXBT claims Nourzai “stole $30 million of investor funds from Zkasino” and mentioned, “Elham Nourzai, if there was a tier list for CT scammers, you would be at the top.”
Hyperliquid is a controversial crypto alternate that focuses on leveraged memecoin buying and selling that has grow to be in style sufficient for folks to name it a competitor to Binance. Nonetheless, it’s removed from it.
Hyperliquid has allowed influencers to commerce away different customers’ funds and nearly let a dealer liquidate its personal market-makers.
