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

Wu said that, according to on-chain analyst Yu Jin's monitoring, the ZKasino project team has ended their leveraged long position on ETH, making 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 buy 15,645 ETH for leveraged long on ETH; 6 hours ago, they chose to end this leveraged long position. They sold the 15,005 ETH acquired through leverage and repaid the loan, yielding a profit of 651.5 ETH; subsequently, they transferred a total of 11,186.5 ETH (40.75 million USD) belonging to users and the profits to 9 addresses (or may not return the funds to users).