Ildar Ilham, often known as Prometheus on X, was arrested within the United Arab Emirates (UAE) at present.
Lower than a month after being linked to the $30 million Zkasino rip-off, the founding father of DeFi protocol WhiteRock, Ildar Ilham, has been taken into custody within the United Arab Emirates (UAE).
Following his arrest, the 21-year-old, also referred to as Prometheus on X, is ready to be extradited to the Netherlands for trial, following the issuance of an Interpol Pink Discover on March 6.
Onchain sleuth ZachXBT publicly addressed Illham’s reference to Zkasino in June, when he stated, “A minimum of one workforce member from the $30M Zkasino exit rip-off seems to be concerned with the undertaking @WhiteRock_Fi WHITE attributable to onchain transactions linking each tasks and a private e-mail tackle.”
Zkasino initially raised $33 million by way of a presale in 2024, however contributors had been left livid after the funds had been staked with Lido Finance as an alternative of being returned. It’s value noting that this isn’t the workforce’s first run-in with controversy, as ZachXBT referred to them as “confirmed dangerous actors” way back to 2023.
Onchain proof reveals the commingling of stolen Zkasino funds and the WhiteRock advertising and marketing pockets.
WhiteRock, which launched its token in November 2024, additionally bears its justifiable share of pink flags, with Zach saying, “I believe the chance of a rug with WhiteRock stays excessive attributable to their historical past with different tasks,” and calling on centralized exchanges to delist the WHITE token.
WHITE, which launched at a $30 million market capitalization, reached a $2 billion market cap in June however now trades at a valuation of $490 million. Whereas the web site claims a complete worth locked (TVL) of over $150 million, the declare shouldn’t be verifiable by trusted information sources.
