ZigZag founder: Most of the revenue from the decentralized betting platform ZKasino is fabricated, please participate in the ICO with caution

ChainCatcher message, Ethereum Layer 2 ecosystem DEX project ZigZag founder Kedar borrowed the official account to post on social media, stating that most of the revenue from the decentralized betting platform ZKasino is fabricated, and users should participate in their ICO activities with caution.

Kedar stated that the incompetence and fraudulent behavior of some team members have made it difficult to run the company, which is a significant reason for ZigZag's minimal progress since its early launch. However, he will do his best to revive the project and continue operating it without these individuals, although specific operational outcomes cannot be guaranteed. The founder of Zkasino (Derivatives Monke) is a team member of ZigZag and is responsible for the funds lost by investors. Currently, Kedar has no evidence to suggest that any theft is involved in the losses. It is simply due to Monke's incompetence, but indeed a lot of money has been lost.

Kedar emphasized that Zkasino founder Derivatives Monke has a history of fabricating Telegram and social media chat records and may again refute him through misinformation. He welcomes investors and other project founders to call him directly for information verification.