ZKasino Under Fire: Rug Pull Allegations and Investor Concerns
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- ZKasino faces fraud accusations from ZigZag Exchange.
- Users report an inability to withdraw funds creating rug pull fears in the community.
- Reputable exchange MEXC delays ZKasino token listing and withdrawal.
On April 4, 2024, a storm brewed within the cryptocurrency community as ZigZag Exchange, a decentralized platform, accused ZKasino of fraud. The accusations included diverting funds intended for development and misleading investors about funding sources.
These allegations gained support on April 18 when ZKasino seemingly removed a guarantee from its bridge interface, stating users could “bridge back” their Ethereum (ETH) deposits. This move gave concerns to investors especially considering the earlier accusations.
On April 20, the situation escalated. Users reported being unable to withdraw funds from ZKa…
The post ZKasino Under Fire: Rug Pull Allegations and Investor Concerns appeared first on Coin Edition.
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