The blockchain casino ZKasino has launched a two-step bridge recovery process, allowing users to register and reclaim their ETH at a 1:1 ratio.
The initiative is aimed at those “who chose not to participate in the ZKAS conversion,” the team clarified.
Participants can register and submit their first batch of bridge rewards in tokens. By subscribing, they forfeit the remaining 14 months of ZKAS farming.
Registration is open until May 31 and requires the use of the original ETH deposit address.
In April, ZKasino developers transferred 10,515 ETH worth $33.9 million to the Lido staking protocol and altered the website’s wording, removing the statement about asset returns.
On April 29, the Dutch Fiscal Information and Investigation Service detained a 26-year-old suspect in a scam. Assets valued at over €11.4 million ($12.2 million) were seized, including real estate, a car, and cryptocurrencies. Digital data carriers were also confiscated during a search of his apartment.
The individual faces charges of fraud, embezzlement, and money laundering.
The arrested individual was identified as one of the platform’s founders, known by the pseudonym Derivatives Ape, with assistance from Binance’s crime investigation team.