Dutch Authorities Arrest Suspect in ZKasino Fraud Case

On April 29, the Dutch Fiscal Information and Investigation Service arrested a suspect linked to the blockchain casino scam ZKasino.

During a search of the 26-year-old man’s apartment, digital data carriers were seized. Assets worth over €11.4 million ($12.2 million), including real estate, a car, and cryptocurrencies, were confiscated.

The suspect is in custody pending investigation. He faces charges of fraud, embezzlement, and money laundering.

In April, ZKasino developers transferred 10,515 ETH worth $33.9 million to the Lido staking protocol and altered the website, removing the statement about returning ETH. The coins were deposited by early participants for farming the native token ZKAS. Some community members warned of a scam.

Previously, on-chain investigator ZachXBT identified a group of fraudsters attempting to lure victims through the DeFi liquidity protocol Leaper Finance in the L2 network Blast.

Earlier, on April 30, attackers targeted the Pike Finance project, extracting assets totaling approximately $1.68 million.