Crypto investigator ZachXBT has raised severe issues about WhiteRock (WHITE), an rising altcoin venture he claims could also be a rebranded extension of the disgraced Zkasino scheme.
In accordance with his evaluation, WhiteRock’s group lacks transparency, makes use of pretend partnership claims, and could also be artificially inflating its person base. Extra troubling are potential monetary hyperlinks to funds stolen from Zkasino—a venture that vanished with over $30 million in 2024, resulting in the arrest of Elham Nourzai within the Netherlands.
Although Nourzai was later launched, blockchain traces present the stolen funds being moved throughout a number of chains in a laundering sample referred to as “chainhopping.”
ZachXBT alleges that WhiteRock wallets acquired funds shortly after suspicious transfers from recognized Zkasino addresses through on the spot exchanges. He additionally tied a advertising and marketing pockets utilized by WhiteRock to funds made to influencers, pointing to clear overlaps in pockets exercise between the 2 initiatives.
An e mail related to one in all WhiteRock’s pockets addresses was linked to a chess account allegedly managed by Ildar Ilham, one other determine talked about within the Zkasino investigation. This connection has solely deepened suspicions that key people behind the prior rip-off might now be concerned in WhiteRock.
Calling for motion, ZachXBT urged exchanges like MEXC and Gate.io to take away WHITE from buying and selling and conduct inside investigations. He additionally pressed for renewed scrutiny of the people related to the unique Zkasino fraud, stating that accountability stays lengthy overdue.
With over 8 years of expertise within the cryptocurrency and blockchain business, Alexander is a seasoned content material creator and market analyst devoted to creating digital property extra accessible and comprehensible. He focuses on breaking down advanced crypto tendencies, analyzing market actions, and producing insightful content material geared toward educating each newcomers and seasoned buyers. Alexander has constructed a repute for delivering well timed and correct evaluation, whereas holding an in depth eye on regulatory developments, rising applied sciences, and macroeconomic tendencies that form the way forward for digital finance. His work is rooted in a ardour for innovation and a agency perception that widespread training is essential to accelerating international crypto adoption.
