The ZKasino money laundering method involved OTC cashouts, Monero conversions via instant exchanges, and trading on derivatives platforms.

Quotes that support claims

The money laundering methods involved cashing out via OTC brokers, exchanging into the privacy coin Monero (XMR) instantaneously through exchanges, and trading perpetual contracts using platforms such as Hyperliquid.

3/ In late 2024 Elham was released and funds from Zkasino began to be slowly laundered via chainhopping back and forth via ZkSync, Starknet, EVM, & Solana. Funds were split separate paths: 1). Cash out to OTC brokers 2). Convert crypto to XMR via instant exchanges 3). Trade perps on Hyperliquid