Other

"More than 11 million euros seized and man arrested in investigation into gambling platform scam"

2024-04-29 [vendor] ZKasino
Primary Source ↗

Incident Details

In the wake of the $33 million ZKasino rug pull, Dutch police have arrested an as yet unnamed 26-year-old who is likely “Derivatives_Ape”, the creator of the project. The police also seized assets estimated at more than €11.4 million (~US$12.3 million) including real estate, a luxury car, and crypto. According to police, they began investigating the project only days earlier, after hearing reports of the rug pull on Twitter.

Technical Details

Initial Attack Vector
Exit scam / rug pull
Vendor / Product
ZKasino

Timeline

  1. 2024-04-29 Breach occurred
  2. 2024-04-29 Publicly disclosed