Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Social Currencies In Brazil: Blockchain’s Newest Frontier?

03/08/2025

German government misses out on $3 billion profit after selling Bitcoin at $57K

03/08/2025

Samourai Wallet Devs Plead Guilty to Conspiring to Run Unlicensed Money Transmitter

03/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    German government misses out on $3 billion profit after selling Bitcoin at $57K

    03/08/2025

    Bitcoin Is Going Up Forever, Saylor Says

    03/08/2025

    As Bitcoin Rushes Past $122K, What’s Next for Ether, XRP, Dogecoin?

    03/08/2025

    El Salvador’s Bitcoin Stash Tops $760M as BTC Breaks Above $122K

    03/08/2025

    BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B

    03/08/2025

    Robinhood’s 2% Incentive Triggers Massive ETH Unstaking as Investors Embrace Alternative

    03/08/2025

    New All-Time High In Sight? What To Expect From Ethereum In August

    03/08/2025

    Will ETH Price Reach $60K? Tom Lee’s Bitmine Thinks So

    03/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Ethereum Collections Lead NFT Sales Today

    03/08/2025

    how NFTs became a global brand and a Web3 “social currency”

    02/08/2025

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    02/08/2025

    Labubus have succeeded in every way that NFTs have failed

    01/08/2025

    Social Currencies In Brazil: Blockchain’s Newest Frontier?

    03/08/2025

    German government misses out on $3 billion profit after selling Bitcoin at $57K

    03/08/2025

    Samourai Wallet Devs Plead Guilty to Conspiring to Run Unlicensed Money Transmitter

    03/08/2025

    Zeni Joins Forces with KREDO AI to Power AI Authenticity in Decentralized Applications

    03/08/2025
  • Blockchain

    Social Currencies In Brazil: Blockchain’s Newest Frontier?

    03/08/2025

    Zeni Joins Forces with KREDO AI to Power AI Authenticity in Decentralized Applications

    03/08/2025

    CodexField Joins Trikon to Streamline Web3 with Cross-Chain Innovation

    03/08/2025

    DFINITY Teams Up with Omnity Network to Trigger Bitcoin 2.0 Revolution at Runes Asia

    03/08/2025

    Spheron Supports Warden Protocol Ahead of Beta App and Token Generation Event

    03/08/2025
  • DeFi

    Spheron Adds Allora for No-Code AI Automation in DeFi

    03/08/2025

    Strobe Finance Launches on Axelar Network to Power DeFi Capabilities, Cross-Chain Interoperability

    02/08/2025

    Chainlink introduces new pricing methodology for DEX-traded assets

    02/08/2025

    Why This DeFi Dip Might Be the Start of a Major Rotation?

    02/08/2025

    Lido cuts staff, Curve rethinks L2s

    02/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    Strategy Reveals Another Stock Offering to Boost $71 Billion Bitcoin Stash

    03/08/2025

    Robinhood CEO Acknowledges OpenAI Crypto Stock ‘Controversy’—But Is Doubling Down

    03/08/2025

    Why Dave Portnoy Fumbled His XRP Bag Before the Boom

    03/08/2025

    U.S. BTC ETF Inflows Dwarf Hong Kong’s as Local Investors Stick With Stocks

    03/08/2025

    BitGo Files to Go Public as Crypto Market Surges Past $4 Trillion

    03/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Wallet Launches DEX Pro Mode: Details

    03/08/2025

    Does Kraken’s fundraise value Binance above $100B?

    03/08/2025

    OKX’s $28.8b reserves are flawless. So why are Bitcoin holders fleeing?

    03/08/2025

    Coinbase outlooks are mixed ahead of Q2 earnings

    03/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    02/08/2025

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    01/08/2025

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    31/07/2025

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    30/07/2025

    Bitcoin mining difficulty hits all-time high

    03/08/2025

    Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving

    03/08/2025

    Bitcoin Miner Profits Hit Highest Monthly Mark Since Halving: JP Morgan

    03/08/2025

    Bitcoin mining difficulty hits ATH, but is projected to drop in August

    03/08/2025

    Samourai Wallet Devs Plead Guilty to Conspiring to Run Unlicensed Money Transmitter

    03/08/2025

    U.S. DeFi Will Thrive, Assures Bitcoin Reserve Is Coming

    03/08/2025

    Central Bankers at ECB Accused of Behaving in ‘Anti Democratic’ Way, Refusing To Respect Rule of Law: Report

    03/08/2025

    US Senator Declares ‘Year for Digital Assets’—Crypto Legislation Set to Reshape Markets

    03/08/2025

    Social Currencies In Brazil: Blockchain’s Newest Frontier?

    03/08/2025

    German government misses out on $3 billion profit after selling Bitcoin at $57K

    03/08/2025

    Samourai Wallet Devs Plead Guilty to Conspiring to Run Unlicensed Money Transmitter

    03/08/2025

    Zeni Joins Forces with KREDO AI to Power AI Authenticity in Decentralized Applications

    03/08/2025
  • MarketCap
NBTC News
Home»Legal»Investors create group to take legal action against ZKasino co-founders
Legal

Investors create group to take legal action against ZKasino co-founders

NBTCBy NBTC24/04/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Investors created a Telegram called “ZKasino Legal Task Force” aiming to prosecute gambling blockchain infrastructure ZKasino co-founders after they swapped nearly $33 million in Ether (ETH) for their native token. After the swap, the co-founders went dark and their groups started banning users that suggested the possibility of an exit scam being executed, according to Rekt News.

However, the tension escalated quickly, with a few members venting about the possibility of hiring hitmen to go after the project’s co-founders.

Messages from ZKasino investors

The controversy started on March 23, when ZigZag Exchange founder Kedar Iyer made a post on X stating that ZKasino’s co-founder known as Monke used ZigZag’s funds to start ZKasino. As it was said in the same publication, Monke and two other co-founders were part of ZigZag’s team and signers from its treasury multi-signature wallet and allegedly stole funds to start their new venture.

Decentralized blockchain-native fundraising group BlackDragon added more information on an April 23 post, revealing they wanted to invest in ZKasino. However, the due diligence team at BlackDragon stated that the investment didn’t go through, as ZKasino team members didn’t react well about revealing themselves.

Regarding recent drama with @ZKasino_io who scammed their investors for $35M – we wanted to invest some months ago, but skipped due to ZKasino team going nuts while we were doing basic due dilligence to protect our members and investors.
Check the screenshots below between our… pic.twitter.com/q20HqOInvs

— BlackDragon (@BlackDragon_io) April 23, 2024

In another post, the BlackDragon team explained that they tried to warn fellow venture capital funds and communities, but they still invested significant amounts in ZKasino.

The user who identifies himself as Cygaar also went to X to highlight that ZKasino’s native blockchain infrastructure doesn’t apply any zero-knowledge technology, contrary to what its team advertised. Instead, they deployed a blockchain based on Arbitrum Nitro’s structure which, according to Cygaar, takes two minutes to build.

Moreover, the current situation of ZKAS, ZKasino’s native token, is still uncertain. Investors who bought ZKAS during the pre-sale are yet to receive their tokens.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Samourai Wallet Devs Plead Guilty to Conspiring to Run Unlicensed Money Transmitter

03/08/2025

U.S. DeFi Will Thrive, Assures Bitcoin Reserve Is Coming

03/08/2025

Central Bankers at ECB Accused of Behaving in ‘Anti Democratic’ Way, Refusing To Respect Rule of Law: Report

03/08/2025

US Senator Declares ‘Year for Digital Assets’—Crypto Legislation Set to Reshape Markets

03/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Social Currencies In Brazil: Blockchain’s Newest Frontier?

03/08/2025

German government misses out on $3 billion profit after selling Bitcoin at $57K

03/08/2025

Samourai Wallet Devs Plead Guilty to Conspiring to Run Unlicensed Money Transmitter

03/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.