2024

Millions

April

Coin

<ul class="news-points">
 <li><strong>Dutch authorities arrest suspects in alleged $30M crypto scam on Zkasino platform</strong></li>
 <li><strong>The ZKasino platform is said to have promised high returns but was designed to fail.</strong></li>
 <li><strong>The FIOD seized €11.4M in crypto, real estate &amp; a luxury car linked to the suspect.</strong></li>
</ul>
<p>Dutch authorities, the Fiscal Information and Investigation Service (FIOD) has cracked down on a large-scale online gambling platform scam on April 29th, 2024. They <a href="https://www.fiod.nl/12-million-seized-and-arrested-in-investigation-into-gambling-platform-scam/" target="_blank" rel="noopener noreferrer nofollow">arrested</a> a 26-year-old man suspected of fraud, embezzlement and money laundering in connection with ZKasino which is the platform at the center of the investigation.</p>
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   <p lang="en" dir="ltr">According FIOD, on April 29, they arrested a 26-year-old man suspected of fraud, embezzlement, and money laundering. Assets worth over 11.4 million euros were seized, with the involved platform being ZKasino. ZKasino is a crypto betting platform. Before it removed the statement…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1786325740419785157?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 3, 2024</a>
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<p>The investigation revealed a concerning pattern. Over $30 million USD in <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency</a> had been invested by victims worldwide on ZKasino. The platform allegedly promised high returns within a short timeframe of 30 days.</p>
<p>However, a technical analysis of the pl…</p>
<p>The post <a href="https://coinedition.com/dutch-authorities-bust-alleged-gambling-platform-scam-seize-millions/" rel="noopener noreferrer nofollow">Dutch Authorities Bust Alleged Gambling Platform Scam, Seize Millions</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Dutch Authorities Bust Alleged Gambling Platform Scam, Seize Millions

Coin Edition

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