The ZKasino project team has ended its leveraged long position on ETH, realizing a profit of 2.37 million USD

According to Wu's report and on-chain analyst Yu Jin's monitoring, the ZKasino project team has concluded their leveraged long position on ETH, realizing a profit of 651.5 ETH (2.37 million USD). Recently, the ZKasino project team misappropriated 10,535 ETH belonging to users to borrow 53.91 million DAI on-chain to purchase 15,645 ETH for a leveraged long position on ETH; 6 hours ago, they chose to end this leveraged long position. They sold 15,005 ETH bought through leverage and repaid the loan, gaining a profit of 651.5 ETH; subsequently, they transferred a total of 11,186.5 ETH (40.75 million USD), consisting of user-owned ETH and profits, to 9 addresses (or will not return the funds to users).