According to PANews, users on platform X have reported that the decentralized betting platform ZKasino has removed the 'Ethereum will be returned and can be bridged back' interface from its Bridge funds, preventing users from withdrawing their funds. Currently, ZKasino's official Telegram has been silenced, and there has been no response on Twitter.
Previously, zkSync ecosystem DEX ZigZag had tweeted that several people had accused the ZKasino team of owing money or defrauding in some way. Several former employees and contractors also claimed they had not received their wages. ZigZag's founder, Kedar, had contacted one of ZKasino's investors, informing them that the project's revenue was falsified. The investor responded that they had not actually participated in the financing, suggesting that ZKasino's financing and valuation could also be false.
ZigZag had previously raised $15 million, and these funds had entered an address controlled by ZKasino's founder. Kedar claimed he had never controlled this money, suggesting that more money than he knew could have been stolen or entered ZKasino. Kedar also stated that he had previously asked ZKasino to return a $1 million investment but had not received compensation. Therefore, ZZ token holders should now try to obtain compensation themselves. Furthermore, the $40 million ecosystem fund they announced is not real and may never be paid in any actual currency.