WhiteRock Founder Arrested in UAE Over $30 Million ZKasino Fraud Allegations
Authorities detain crypto entrepreneur linked to major online scam
Authorities in the United Arab Emirates have arrested the founder of WhiteRock, suspected of orchestrating a $30 million cryptocurrency scam known as ZKasino.
The operation allegedly defrauded investors through a blockchain-based gambling platform before disappearing with the funds.
The arrest marks a significant move in regional efforts to crack down on financial crime and protect the UAE’s reputation as a global fintech hub.