According to ZachXBT, Zkasino conducted a presale raising over $30 million from the community, but instead of following their project roadmap, the funds were allegedly embezzled. This triggered a law enforcement response: in late April 2024, Dutch authorities (FIOD) arrested Elham Nourzai (@Derivatives_Ape) and seized related assets. This high-profile incident has heightened investor caution across crypto presales and is likely to influence due diligence practices and risk assessments for similar token launches. Source: ZachXBT via Twitter, June 16, 2025.