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Coin Telegraph

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ZKasino scammer loses $27M as Ethereum price drops

  • A wallet linked to the $40 million ZKasino scam lost over $27 million after a leveraged position was liquidated.
  • ZKasino transferred around $33 million in user ETH to the staking protocol Lido Finance instead of returning the funds.
  • The wallet behind the alleged exploit has been liquidated for $27.1 million after Ether's price decline.
  • Affected users have not yet been able to recover their funds.

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