UAE Arrests WhiteRock_Fi’s Founder Over $30M ZKasino Scam
2025-07-03 16:42:51
Main Idea
UAE authorities arrested the founder of WhiteRock_Fi, Ildar Ilham, for his alleged involvement in the $30 million ZKasino exit scam, with Dutch authorities also seizing assets linked to the case.
Key Points
1. UAE law enforcement arrested Ildar Ilham (AKA @XBT_Prometheus), founder of WhiteRock_Fi, on July 3 for his alleged role in the $30 million ZKasino scam.
2. Dutch authorities previously arrested another suspect, Elham Nourzai, in April 2024 and seized €11.4 million in assets, including real estate and cryptocurrency.
3. The scam involved transferring funds through multiple blockchain networks (ZkSync, Starknet, EVM, Solana) and cashing out via OTC brokers, complicating tracking efforts.
4. Investigators found financial links between the ZKasino scam and WhiteRock Finance, prompting calls for exchanges to delist the WHITE token.
5. The case highlights increasing regulatory efforts to combat crypto fraud, including rug pulls and phishing schemes.
Description
On July 3, UAE law enforcement arrested Ildar Ilham (AKA @XBT_Prometheus), the founder of WhiteRock_Fi, for his alleged…
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