ZKasino scammer loses $27M as Ethereum price drops

A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice.ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token to users who bridged Ether ETH ETH - $2558.052 to the platform. However, instead of returning the funds, ZKasino transferred around $33 million in user ETH ETH - $2558.052 to the staking protocol Lido Finance.

Source: cointelegraph.com

Related symbols: ETHUSD

2025-04-07 12:45:03 GMT.

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Price & Market Data

Price: $2558.052

Volume 24h: $18,615,692,433.57

Market Cap: $308,823,467,341.45

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,726,039.78961202. The last known price of Ethereum is 2,566.33342685 USD and is down -0.96 over the last 24 hours. It is currently trading on 10306 active market(s) with $22,346,172,438.29 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.