According to ChainCatcher news, on-chain analyst Yu Jin monitored that the ZKasino project team has ended the leveraged long position on ETH, making a profit of 651.5 ETH (2.37 million USD).
The ZKasino project team recently misappropriated 10,535 ETH belonging to users to borrow 53.91 million DAI on-chain to buy 15,645 ETH for leveraged long positions on ETH; 6 hours ago, they chose to end this leveraged long position. They sold off 15,005 ETH bought through leverage and repaid the loan, gaining a profit of 651.5 ETH; subsequently, they distributed and transferred a total of 11,186.5 ETH (40.75 million USD) belonging to users and the earned profit to 9 addresses.
