On November 26, according to EmberCN monitoring and BlockBeats news, the ZKasino project misused user funds. They borrowed 12.38 million DAI from Aave and bought 3,723 ETH. They also used 10,535 ETH from users as margin and borrowed 31.937 million DAI from Aave to buy 13,040 ETH. They spent an average of $3,402 per ETH, but currently, they are facing a floating loss.
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<p>The post ZKasino Misappropriates User Funds for Leveraged ETH first appeared on CoinBuzzFeed.</p>
