WhiteRock Finance founder arrested in UAE over $30.000 million Zkasino fraud

WhiteRock Founder Arrested in UAE, Suspected of $30.000 million Fraud Through ZKasino

ZachXBT: WhiteRock Finance May Be Connected to Members Involved in the Zkasino Scam

ZKasino scam address closed a 20x leveraged long position on ETH, resulting in a loss of 27.10 million USD.

The co-founder of ZKasino, who absconded with $33 million, is back with a new project?

Cryptocurrency KOL He Bi: WhiteRock is suspected to be launched by the ZKasino team, users should pay attention to security.

The ZKasino project team has completed leveraged long positions on ETH, realizing a profit of 2.37 million USD.

The ZKasino project team has ended leveraged operations, realizing a profit of 651.5 ETH.

The ZKasino team has misappropriated user funds to continuously leverage long positions on ETH, resulting in an unrealized profit of 3.22 million dollars.

The ZKasino project team increased their ETH position through Aave lending.

ZKasino officials continue to misappropriate user funds to go long on ETH on the blockchain.

ZKasino officially misappropriated user funds to go long on ETH on-chain.

ZKasino Fails to Return User ETH, Accusations of Exit Scam Intensify

ZKasino has not yet refunded the 10,515 ETH to users.

ZKasino has not refunded the 10,515 ETH that should be returned to users, which is currently located in two addresses.

Analysis: ZKasino has not yet issued refunds, and the 10,515 ETH that should be returned to users are currently located at two addresses.

ZKASINO refund announcement raises questions, legal issues and investor skepticism persist

ZKASINO refund process sparks community doubts, ignoring staking rewards issue

ZKasino Opens 72-Hour Refund Window for Investors Amid 'Rug Pull' Allegations

ZKasino Offers 72-Hour Window for Users to Retrieve Ether

ZKasino Launches ETH Refund Process Amid Scam Allegations

ZKASINO initiates ETH refund process and arrests involved individual

ZKASINO launches ETH bridge refund process

ZKASINO applies to redeem 10,536 STETH for ETH

ZKASINO applies to redeem over $30 million worth of STETH for ETH on LIDO.

The ZKASINO RUG associated address transfers 6,000 WSTETH to the ZKASINO multi-signature address

$20M in Bridged ETH Returned to ZKasino Wallet Amid Exit Scam Allegations

Over $20M in Bridged Ether Returned to ZkAsino Wallet After Alleged Exit Scam

ZKASINO RUG related address transfers 6000 WSTETH to the multi-signature address

Binance's Role in Arresting ZKasino Scam Suspect Amid Ongoing Fund Movements

Binance Aids in Arrest of ZkAsino Scam Suspect, Seizes Over €11 Million in Assets

26-Year-Old Arrested in Netherlands for $12 Million ZKasino Scam

Dutch Authorities Arrest Suspect in $12 Million ZKasino Online Gambling Scam

The Netherlands Financial Intelligence Agency arrested a 26-year-old suspect in connection with the ZKASINO fraud case

The Netherlands Financial Intelligence Agency arrested a 26-year-old man in connection with the ZKASINO fraud case

Dutch Authorities Arrest ZKasino Scam Suspect, Seize $12.2M in Assets

ZKasino Founder Arrested in Netherlands, Over $11 Million Seized

ZKASINO address transferred about 9,000 WSTETH to 3 new addresses

Vitalik Buterin points out that ZKasino does not use zero-knowledge proof technology.

Investors plan to sue ZKASINO Co-founder for allegedly misappropriating nearly 33 million US dollars worth of Ethereum from users.

Vitalik Buterin pointed out that ZKasino does not use any ZK technology.

ZKASINO investors form a special legal task force planning to sue the co-founder.

Investors Form Group for Legal Action Against ZKasino Co-Founders

ZKASINO is about to launch ZKAS DEX and carry out bridge maintenance.

ZKASINO announces the launch of the DAO governance model, enhancing the rights of ZKAS token holders.

ZKasino Faces Backlash for Redirecting $33M in User Refunds to Lido

ZKasino Users Demand Refunds After $33M in Ether Sent to Lido

ZKASINO Continues Its Chain Development Despite External Disturbances and Plans to Integrate EIP-3074

BIG BRAIN HOLDINGS clarifies that it did not invest in ZKASINO, only in ZIGZAG, which led to losses.

ZKasino Launch Sparks Outrage as $33 Million in Ether Is Misallocated

MEXC responds to suspected ZKASINO RUG incident, claiming to be a victim as well.

ZKASINO has transferred the 10,515 ETH deposited by users to LIDO.

APE TERMINAL Cancels ZKASINO IDO and Announces Refunds

APE TERMINAL Cancels ZKASINO IDO, Participants Will Receive Refunds

BIG BRAIN HOLDINGS Clarifies Non-Investment in Controversial ZKASINO Project

MEXC Responds to Suspected ZKASINO RUG Incident: Declares Itself a Victim Too

ZKASINO confirms network will go live, unresolved user refund issue remains

MEXC Delays the Launch and Withdrawal of ZKASINO (ZKAS)

ZKASINO responds to concerns about online launch delays and refund doubts, community worries about potential fraud.

APE TERMINAL closely monitors the situation of ZKASINO, or refunds the IDO funds.

APE TERMINAL will launch the IDO for the game L2 project ZKASINO.

Hyperchain Infrastructure Layer For On-Chain Gaming ZKasino Set To Launch With Interesting Features.

ZIGZAG Accuses ZKASINO of Financial Misconduct and Advises $ZZ Token Holders to Pursue Compensation

ZIGZAG accuses the ZKASINO team of stealing funds from its treasury.

Gaming public chain ZKASINO completes Series A financing with a valuation of 350 million USD, with participation from investors such as MEXC.

ZKASINO HYPERCHAIN game public chain initiates staking mining activity, allocating 25% of the total token supply.

ZIGZAG Founder Warns of ZKASINO Revenue Fraud, Advises Users to Exercise Caution in ICO Participation

Planet Daily News

Ildar Ilham was arrested in the UAE more than a year after the Netherlands issued an arrest warrant related to the ZKasino rug pull. Details: https://t.co/dxRc75USQQ https://t.co/zOUOTmaSTA

Authorities in the United Arab Emirates have detained Ildar Ilham, the founder of decentralized finance protocol WhiteRock Finance, accusing him of perpetrating a $30.000 million fraud through the gambling platform ZKasino. The ZKasino platform, when it launched in April 2024, promised to airdrop native tokens to specific users, but more than a year has passed without fulfilling this promise. This April, Dutch authorities arrested a 26-year-old person involved in the case (rumored to be cryptocurrency celebrity Elham Nourzai) on charges including fraud, embezzlement, and money laundering. ZachXBT pointed out that Ilham's arrest is related to the investigation of Nourzai and ZKasino, and procedures are currently underway to extradite him to the Netherlands. Affected by this news, the price of WhiteRock token WHITE plummeted by more than 40% on Thursday.

WhiteRock founder to be extradited over $30.00M ZKasino case #bitcoin https://t.co/k6bh4Dmgiu

📊【xWIN Index｜July 4, 2025, 7:00 JST】 🧮 xWIN Index Score: 67 / 100 points (±0 from the previous day) This index is a short- to mid-term indicator with a one-month outlook. Details 👉 https://t.co/8kX80aBeIe ________________________________________ 🔍 Market Highlights: 1. 24H Trading Volume: ~$80.5B (up +0.9% from previous day) → DEX volumes are approaching $500B monthly, signaling rapid growth in decentralized exchanges. Institutional inflows via ETFs continue, keeping overall volume at a high level. 2. MACD: Golden cross on the 1-hour chart continues → Short-term momentum remains strong, but caution is advised due to overheating RSI levels. 3. MVRV: ~1.79 (up +0.02) → Unrealized profits are increasing, suggesting rising short-term profit-taking pressure. 4. Fear & Greed Index: 63 (up +2 | Greed) → Investor sentiment remains optimistic, with some FOMO (fear of missing out) emerging. 5. Open Interest: ~681,500 BTC (+0.7%) → Strong institutional-led new long positions continue to support the market. ________________________________________ 💵 Stablecoin trends (vs. previous day): 📌 USDT (Tether) Market Cap: $158.5B (+0.63%) Volume: ~$128.2B (+3.0%) → $1B newly issued, further boosting liquidity and demand. 📌 USDC (Circle) Market Cap: $65.8B (+0.45%) Volume: ~$16.1B (+2.5%) → Stable sentiment supported by ongoing banking license expectations. 📌 JPYC (JPY-pegged) Market Cap: $15.62M (+0.26%) → Gradual increase driven by expanded domestic payment adoption. ________________________________________ 🌏 Notable Topics on X: • White House officially announces crypto bill vote during the week of July 14 — a historic shift toward regulation and legalization • Senator Lummis submits bill to reduce Bitcoin tax burden, supporting industry growth • Bo Hines predicts digital asset industry could grow to $15–20 trillion • Bitcoin Treasury Consortium plans to acquire 75% of DV8 shares via TOB, accelerating the "MicroStrategy model" in Asia • Italy's Banca Sella starts stablecoin custody tests • Peter Thiel backs a new crypto bank initiative • WhiteRock Finance founder arrested in UAE for $30M Zkasino fraud case • $1B in new USDT issued, boosting liquidity ________________________________________ ✅ Overall Assessment: • Realized Market Cap: ~$2.42T (up +1.7% from previous day) • RSI: 70 (entering overbought zone) → xWIN Index Score: 67 points (±0) → Continuous institutional and ETF inflows, strong policy tailwinds, and DeFi/DEX expansion are bullish factors. However, short-term overheating requires caution — focus on buying the dip and phased profit-taking. ________________________________________ 📈 Strategy Tips: • Buy-the-dip support range: $104,000–$105,500 • Profit-taking zone: $111,500–$115,000 • Caution line: Break below $101,000 = short-term bearish signal → Core strategy: Align with institutional flows and policy trends while maintaining a combination of dip buying and phased profit-taking. Watch macro risks and FOMO-driven moves carefully. ________________________________________ #Bitcoin #BTC #OnChainAnalysis #Crypto #xWINIndex #xWIN #USDT #JPYC #ForFinancialIndustryTraining (https://t.co/aXizJUgpip)

🚨 JUST IN: WhiteRock Finance founder arrested in UAE over $30M Zkasino scam, set for extradition to the Netherlands. https://t.co/4RDLTYdcqj

[IMPORTANT: WhiteRock Founder Arrested in UAE Amid $30 Million ZKasino Fraud Investigation] Authorities in the UAE have arrested #WhiteRock founder Ildar Ilham over alleged involvement in the $30 million #ZKasino rug pull scam and plan his extradition to the Netherlands where related trials are ongoing. WhiteRock's token ($WHITE) has dropped over 30% following the arrest news, with community pressure mounting on exchanges like MEXC and https://t.co/ZIqzmwbbsK to delist the token. While no new criminal evidence has been released, blockchain data had previously linked #WhiteRock to #ZKasino, deepening market uncertainty around WHITE. https://t.co/7yEkR3QBwW

Ildar Ilham, the founder of @WhiteRock_Fi, has been arrested in the UAE, just weeks after being implicated in the $30 million Zkasino scam. @XBT_Prometheus faces extradition to the Netherlands for trial following an Interpol Red Notice. https://t.co/GQyghjT6WB

According to ZachXBT, there has been an update in the Zkasino fraud case: Ildar Ilham, the founder of WhiteRock Finance, has been arrested by law enforcement authorities in the UAE and will be extradited to the Netherlands to face criminal charges. WhiteRock team operated anonymously, fabricated partnerships, had commingled fund flows, and its marketing wallet was linked to the stolen funds from Zkasino. The Zkasino case involves a total of $30 million. https://t.co/VimiIYPNL0

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