Blockchain & cryptocurrency market summary news – April 22
FTX opens the next batch of locked SOL tokens as an auction
FTX will open the sale of the next batch of locked SOL tokens in the form of auction, following the success of the previous offering. Details of this auction have not yet been disclosed. Previously, FTX successfully sold 25-30 million SOL to big names such as Galaxy Digital and Pantera, generating about 2.6 billion USD for the exchange. This process helped FTX recover cash to repay investors who suffered losses from the previous crash. Large organizations such as Neptune Digital and Pantera Capital have acquired a large amount of SOL at corresponding prices. The SOL token price has increased 600% over the past year, creating a surge in demand to purchase locked tokens from FTX.
ZKasino was accused of "detaining" 32 million USD of investors' ETH
The ZKasino project has been accused of "keeping" $32 million in investors' ETH. According to information, users are currently unable to withdraw funds and the project's official Telegram channel has been banned. ZKasino's deposit amount (address 0x91…Be45) is 10,500 ETH, equivalent to 32 million USD. Previously, ZigZag posted an article denouncing ZKasino. The project has called on users to buy ZKAS tokens during the presale period. Initially, the project promised to refund ETH to users, but ended up transferring all of this ETH to ZKAS tokens without prior notice. Currently, users cannot withdraw sent ETH and the project's official Telegram channel has also been shut down. Analysts discovered that: 1) The project converted all ETH into ZKAS when it promised to repay; 2) The project's blockchain is not active; 3) There is no refund of ETH to users and no distribution of ZKAS tokens; 4) There is a change notice on the project website.
Indian man pleads guilty to impersonating Coinbase, stealing more than 9.5 million USD
An Indian man pleaded guilty to impersonating Coinbase and stealing more than $9.5 million from hundreds of victims. Chirag Tomar, an Indian citizen, was arrested at Atlanta airport in late December 2023. He was convicted of conspiracy to commit fraud and money laundering, which carries a maximum prison sentence of 20 years. Tomar and his accomplices created a fake Coinbase Pro website to scam users and collect login information. From June 2021 until the arrest, at least 542 victims lost money. Tomar was also a member of a crime ring and used the stolen money to buy luxury items such as Rolex watches, Lamborghini and Porsche supercars for travel.
