According to Deep Tide TechFlow news on December 3, 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 (worth 2.37 million USD). The ZKasino project team previously misappropriated 10,535 ETH belonging to users to borrow 53.91 million DAI on-chain to buy 15,645 ETH for leveraged long trading 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, making a profit of 651.5 ETH; subsequently, they distributed the ETH belonging to users and the earnings (a total of 11,186.5 ETH, worth 40.75 million USD) to 9 addresses. Yu Jin stated that the ZKasino project team may not consider repaying the funds.