ZigZag: ZZ token holders should try to obtain compensation on their own, the $40 million ecological fund announced by ZKasino is not real
Deep tide TechFlow news, zkSync ecological DEX ZigZag tweeted that many people have recently accused the decentralized betting platform ZKasino team of defaulting on payments or defrauding them in some way. Meanwhile, multiple former employees and contractors say they have unpaid invoices and were not paid for their work.
One of the investors said that the fundraising revenue was false, and possibly even the fundraising and valuation were false.
ZigZag raised $15 million, but the funding was controlled by ZKasino’s founder, ZigZag said. ZKasino’s initial funding was stolen from the ZigZag Treasury, and the ZKasino founders were 3/5 signers of ZigZag’s multisig, so they were able to use the funds to fund their own activities.
ZKasino has been asked to return approximately $1 million, but has yet to receive any compensation, so $ZZ token holders should now try to obtain compensation on their own.
At the same time, ZigZag pointed out that the $40 million ecological fund announced by ZKasino is not real and will likely never be disbursed in any real currency.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US President Donald Trump says was ready to strike Houthis in Yemen, then pulled back
ZAMA gains traction as 24h trading volume surges
Global economy risks fragmentation! Australia bets on AI as a new growth engine
In a potentially more fragmented and unpredictable global economy over the next 40 years, Australia relies on the deployment and development of artificial intelligence (AI) to drive economic growth.
Europe’s aviation fuel “red alert” in the fourth quarter: Shortfall will reach 510,000 barrels/day, South Korea’s exports surge to a four-year high to urgently fill the gap
According to analysts and shipping data, Europe will face a supply gap for aviation fuel in the fourth quarter, even as it turns to distant suppliers such as South Korea. South Korea's aviation fuel exports to Europe in September are set to reach a four-year high.