ZigZag founder: ZKasino’s income was fraudulent, and its founder was responsible for most of the investor’s financial losses
zkSync founder of DEX ZigZag Kedar revealed through the project's official account on the X platform that the decentralized betting platform ZKasino has falsified most of its income. Users are advised to be cautious when participating in their ICO activities.
Kedar said that this is also the main reason why ZigZag has made little progress since its early days. The incompetence and fraudulent behavior of some team members have brought difficulties to his operating company, but he will do his best to restore the project and continue to operate without these personnel, but the specific operating results cannot be guaranteed.
He also stated that the founder of Zkasino (Derivatives Monke) is a member of the ZigZag team and is responsible for the loss of most of the funds entrusted by project representatives to investors. However, at present, Kedar has no actual evidence to show any theft involved.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum
Sui network back online after 2-hour outage
The FTX estate plans to start distributions by March 2025
UK to unveil crypto and stablecoin regulatory framework early next year