ZKasino’s year-long silence on investor refunds ends in a $27m liquidation

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https://www.dlnews.com/articles/defi/crypto-gambling-app-zkasino-liquidated/

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ZKasino exploiter lost $27M in ETH after liquidation on Hyperliquid

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ZKasino was launched last April as a flashy, onchain gambling project. It attracted over $40 million in Ethereum from investors who were promised yield on top of their deposits.

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ZKasino denied the allegations and eventually converted the funds back to Ethereum, announcing a vague repayment plan. But nearly a year later, nothing has been paid back.

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