The Most Recognized Detective of the Cryptocurrency World Issues a Major Fraud Warning About This Altcoin!

ZachXBT, one of the leading chain analysts in the crypto world, issued serious warnings about the WhiteRock (WHITE) altcoin.

ZachXBT claimed that the project is managed by a fake team, exaggerates user numbers, and may be linked to stolen funds obtained from a fraud case called Zkasino.

According to statements made by ZachXBT, the Zcasino project set off with great promises, raising over $30 million from the community in 2024, but failed to adhere to its roadmap and the funds were misappropriated. Following these events, Elham Nourzai was arrested by the FIOD in the Netherlands in April 2024, and some of his assets were confiscated. Nourzai was later released, and the stolen funds began to be laundered through methods such as “chainhopping” across networks like ZkSync, Starknet, EVM, and Solana.

The WhiteRock project first emerged in late 2024. ZachXBT pointed out that the project carries the following concerning elements:

• An anonymous team with an unknown identity and no past.
• Fake partnership claims
• A large number of wallets funded by instant exchanges
• The exaggeration of the number of users in an unrealistic way
• The lack of transparency in the USDX collateral structure

ZachXBT also stated that it detected an influencer receiving payments from WhiteRock’s marketing wallet, and that the chain analysis revealed that the funds stolen from Zkasino are linked to the same addresses as this wallet. It was particularly observed that between the end of February 2025 and the beginning of March, the Zkasino funds were sent to a spot exchange, and similar amounts reached WhiteRock wallets from a different exchange.

Furthermore, an account interacting with the project’s distributor address was found to have accessed a personal email. It was claimed that this email address is linked to an account on the chess platform ChessCom with the username “IldarTheGrandMaster”, and that this person may be Ildar Ilham. Ilham is one of the other names mentioned in the Zkasino scandal.

ZachXBT called on the cryptocurrency exchanges MEXC and Gate to delist the WHITE token and requested a deeper investigation into the team’s background. He also argued that Elham Nourzai, Ildar Ilham, and Lior Ben Zakan, who were involved in the Zkasino project, should be brought to justice as soon as possible.

*This is not investment advice.

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