WhiteRock Founder To Be Extradited Over $30M ZKasino Case: ZachXBT
Summary
UAE authorities have arrested Ildar Ilham, founder of WhiteRock Finance, over allegations of a $30-million scam involving ZKasino. The arrest is linked to an investigation into fraud and embezzlement, with Ilham's extradition to the Netherlands underway. ZKasino, launched in April 2024, promised a token airdrop but failed to return funds to investors. Dutch authorities previously arrested Elham Nourzai for related charges. Following Ilham's arrest, WhiteRock's token price dropped over 40%. This case is part of ongoing scams targeting crypto users, with US authorities recovering some funds from a separate fraud case.
