April

when

<div class="coinjournal">
 <ul>
 <li>Dutch police arrested a 26-year-old man on April 29.</li>
 <li>The arrest is connected to the ZKasino crypto gambling scam that involves over $30 million.</li>
 <li>Police have seized 11.4 million euros ($12.2 million) in crypto and other assets from the suspect.</li>
 </ul>
 Dutch <a rel="noopener noreferrer nofollow" title="police" href="https://thebittimes.com/tag/police.html">police</a> have <a rel="noopener noreferrer nofollow" title="arrest" href="https://thebittimes.com/tag/arrest.html">arrest</a>ed a 26-year-old man amid a law enforcement investigation around ZKasino. The crypto project is allegedly a crypto gambling scam involving more than $30 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a>.
 <h2 id="span-style-font-weight-400-zkasino-scam-suspect-arrested-span">ZKasino scam suspect arrested</h2>
 According to the Fiscal Information and Investigation Service (FIOD), authorities detained the individual on April 29, on suspicion of fraud, embezzlement and money laundering. The arrest comes after an outcry from the public in the wake of suspicious activities around the ZKasino platform.
 Dutch authorities have seized more than 11.4 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> euros ($12.2 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a>) in crypto assets, real estate and a luxury car from the <a rel="noopener noreferrer nofollow" title="suspect" href="https://thebittimes.com/tag/suspect.html">suspect</a>, FIOD announced on May 3.
 Scrutiny on ZKasino increased in mid-April after multiple crypto exchanges and platforms, including Ape Terminal, halted listing of the project’s token amid scam allegations.
 FIOD says a criminal investigation into ZKasino launched on April 25. 
 The probe into the crypto gambling platform revolves around a potential rug pull, with over $30 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> invested by people from across the world. Investors were led to believe they would receive returns on their money within 30 days.
 Zkasino raised 10,515 ETH from investors in March. Ahead of its launch, ZKasino attracted over 10,000 participants to its $ZKAS token bridge.&nbsp;
 However, red flags hit when the team moved all of the ETH to a Lido staking account and changed wording content on its website. Despite widespread condemnation, with security analysts pointing to a potential rug pull, the ZKasino team called these FUD and alleged the project’s launch would go live.
 According to FIOD, the suspect will be detained for fourteen days to allow for further investigations.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dutch-police-arrest-suspect-in-30-million-zkasino-scam-tbt87322.html">https://thebittimes.com/dutch-police-arrest-suspect-in-30-million-zkasino-scam-tbt87322.html</a>

Dutch police arrest suspect in $30 million ZKasino scam

Table of Contents

TheBitTimes

Other articles published on May 3, 2024

Block Co-Founder Jack Dorsey Planning To Buy BTC

Fantom Targets Memecoin Traders; Secures $6.5M FTM Reserve: Report

Apple Leads the US Buyback Resurgence, But Is it Sustainable?

Bitcoin Hits a Wall: The $60K Resistance Lines It Can’t Surpass

Shiba Inu Price Prediction: As Shibarium Completes Its Hard Fork, This Dog-Themed Meme Coin Is Go...

Shiba Inu (SHIB) Announces Anticipated Hard Fork: A New Phase for Shibarium!

Join our free newsletter for daily crypto updates!