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Users say ZKasino still hasn’t returned ETH months after claims opened

The project claimed it was allowing users 72 hours to sign up to receive their ETH back, but two months later, the funds have not moved.

Controversial Web3 gambling protocol ZKasino still has not returned users’ Ether, more than two months after they launched a “signup” app for refunds, according to reports from users.

The project was previously accused of being an exit scam. But on May 28, the team promised to use a new app to return the funds that had been bridged to the network. But users claim the app simply took their ZKAS tokens and gave them nothing in return.

“Unfortunately, everyone who sent the ZKAS back has not heard anything from them yet,” one user, who communicated on the condition that his identity not be revealed, told Cointelegraph.

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ZKasino gives investors 72-hour window to get back deposited ETH

ZKasino denied it tried to make off with $33 million of investor funds in April and has now opened up a short refund window.

Blockchain-based gambling project ZKasino says it has initiated a 72-hour “2-step bridge back process” to return funds to investors a month after it was alleged to have done a $33 million “rug pull.” 

“We are now initiating the 2-step bridge back process in which bridgers can sign up and bridge back their ETH at a 1:1 ratio,” ZKasino said in a May 28 Medium post, adding the team hasn’t given up on the project.

“The ZKasino team is still working hard to make the project successful. We again want to assure everyone that we are here to deliver and continue our best efforts.”

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