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Monday, Jul 14, 2025
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WhiteRock Founder Arrested in UAE Over $30 Million ZKasino Fraud Allegations

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.
Translation:
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توقيف مؤسس وايت روك في الإمارات بتهم احتيال بقيمة 30 مليون دولار في زكازينو (Arabic)
Translated by AI
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