The Dutch Fiscal Information and Investigation Service (FIOD) announced on its official website that a 26-year-old man suspected of fraud, embezzlement and money laundering was arrested on April 29th. The platform involved in the case is ZKasino, which is suspected of defrauding over $30 million in cryptocurrency investments from victims worldwide.The investigation team searched a house and confiscated assets worth more than 11.4 million euros, including real estate, luxury cars and various cryptocurrencies.The suspect's detention has been extended for 14 days, and the investigation is ongoing. The investigation began on April 25th based on information from platform X (formerly Twitter) and the FIOD intelligence department.In addition, FIOD has collaborated with the cryptocurrency exchange Binance's team to help protect millions of euros in cryptocurrency. The investigation team is working to contact the suspects and request their cooperation in returning millions of dollars to the victims. More arrests are not ruled out.

Vitalik, co-founder of Ethereum, stated through the Warpcast platform that ZKasino has nothing to do with "ZK" except that it runs on zksync, right? I think we have to adapt; even "ZK" is now a popular enough buzzword that scammers are using it.