ZKasino scammer wallet lost $27.1m after long position ETH close

An account linked to Zkasino, a game platform that stole more than $ 30 million to its users in 2024, lost $ 27.1 million after closing a long position on the hyperliquid.

According to the chain data On Hyperdash, the crook address behind the Paris-based Paris platform had its 20x ethle length (Ethn) The position on the fully liquidated hyperliquid. As a result, the merchant has lost about 27.1 million dollars. However, the merchant had another $ 147.38 in unpaid profits and losses.

The address is linked to a crook behind the blockchain game platform which would have stolen about $ 32 million last year. On the social media platform X, traders reacted positively to news, many of which indicate that the crook obtained what they deserved.

“A crook gets a dose of karma,” wrote Onchain’s goal in a recent job About the liquidation.

“Karma is real!” said another user on X.

Meanwhile, another user endowed the crook by sharing his full name and passport image as well as the photos of his mother and his sister. The user also scored Donald Trump, Elon Musk and the FBI among other major accounts of the United States government in an attempt to alert them.

What is Zkasino?

Zkasino was presented as a Paris and game platform a decentralized game platform built on the 2 layer 2-based blockchain platform based on Ethereum, Zksync. The platform was fed by its native token Zkas and has around 75,000 subscribers on its official account X.

In April 2024, he was widespread backlash Users who claimed that the platform had still not returned its Ethereum funds two months after their initial “registration” deposits. Users at the time accused the platform were a scam, because it only swallowed Zkas tokens but did not give them the yields as promised.

Due to this controversy, the team behind Zkasino promised users to give them a refund after launching a Zkasino Mainnet. However, the Mainnet has never been launched and users have never recovered their Ethereum. This led to a combined loss of more than $ 30 million from Ethn from users.

Not only that, the founder of Zksync Dex Project Zigzag, Kedar Iyer, accused the Zkasino team of fraud of former entrepreneurs and employees by not paying them for their work in the construction of the platform.