This Crypto betting Platform may have fraudulent users.

Decentralized gambling network ZKasino has faced serious setbacks regarding the potential far-reaching nature of the crypto community.

Over the past day, several trending posts on X (formerly Twitter) shed light on the challenges plaguing the network.

ZKasino accused of $32 million Ethereum carpet drag

The platform's troubles began last month after decentralized P2P order book exchange ZigZag Exchange made various allegations against ZKasino. These include network organizers diverting funds intended for project development to private use.

According to ZigZag, ZigCasino lied about its support and failed to pay several developers and contractors working on the platform.

“The first money to build ZKasino was stolen from the Zigzag treasury. The founders of ZKasino are 3/5 signatories on ZigZag Multisig and use the money to fund their own activities… The $40 million ecosystem fund they announced is not real, and will not be paid in any real currency. “Zigzag confirmed.

While most of these allegations flew under the radar, many members of the crypto community expressed their displeasure with the platform abandoning its previous commitment to bridge Ethereum.

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The deposit address used for the campaign has accumulated more than 10,500 ETH, according to data from the chain, making the first pledge a huge fundraising success, totaling $32 million. However, Zecasino responded to these vexing concerns, describing them as Fear, Uncertainty and Doubt (FUUD).

“The ZKasino network is still going live; it's delayed due to exchange details,” the team added.

Meanwhile, the drama surrounding the project has led the MEXC exchange to withdraw its decision list in an effort to “protect the rights and interests” of its users. Similarly, App Terminal says monitoring the situation. But he explained that if the situation worsens, the token sale related to the project will be cancelled.