WhiteRock_Fi is said to be associated with ZKasino, and the mystery of Prometheus' identity remains to be solved

In the world of cryptocurrency, trust is like a sweet spring in the desert, extremely scarce, while scandals are like wildfires, often spreading more rapidly than innovation. On March 16, the well-known crypto KOL He Bi (@hebi 555) dropped a bombshell on the X platform, and revealed that Prometheus, the co-founder of the ZKasino project, which had previously swept away more than 10,000 ETH and had a valuation of up to US$350 million, was suspected to have returned to the world as a new identity and launched a new project @WhiteRock_Fi. He Bi sincerely called on industry insiders to remain highly vigilant and prevent more investors from accidentally falling into potential traps. This news was like a thunder in the ground, and instantly caused an uproar in the cryptocurrency field. After all, the haze left by ZKasino's "run away" is still heavily shrouded in the hearts of investors and the entire industry, and has not been dissipated for a long time. People can't help but ask, who is the sacred Prometheus? And what kind of unknown stories are hidden behind WhiteRock_Fi?

ZKasino was once like a dazzling new star in the zkSync ecosystem in 2024, shining with eye-catching light. It was initially positioned as a decentralized betting entertainment platform, and with its unique concepts and novel models, it has attracted the attention of many cryptocurrency enthusiasts. However, over time, the project direction has undergone a major shift, transforming into a “superchain” infrastructure. In order to further expand its influence and attract investors, ZKasino launched the attractive "Bridge-to-Earn" event, which was like a magnet, successfully attracted a large number of investors to participate actively. For a time, the project was popular and the prospects seemed bright.

However, there were unexpected situations in the world, and the plot in April suddenly took an unexpected turn. The project party suddenly changed the official website rules without warning, announcing that the 10,515 ETH deposited by users (worth about US$33 million at the time) would be forced to be exchanged for ZKAS tokens and would need to be locked for up to 15 months. This unilateral, almost overbearing move instantly ignited the anger of the community and was angrily denounced by community members as a "soft rug pull" (quit the scam). Immediately afterwards, something even more worrying happened. The project party quickly transferred the funds to the Lido pledge platform, and then the official communication channel was completely closed as if it was swept by a gust of wind. Investors were in extreme panic without any warning, their wealth instantly turned into bubbles, and their hopes for the future became dim.

As the incident continued to ferment, Dutch authorities quickly took action on May 3 to arrest a 26-year-old man who was supposedly suspected to be another co-founder of ZKasino, Elham N. (pseudonym Derivatives Monke), while seizing $12.2 million worth of assets. However, Prometheus seems to have a magical invisibility technique, successfully "invisible" out of the public's vision and has not been held accountable by any law so far. This situation undoubtedly made the whole incident more confusing, and also made investors feel helpless and angry.

It is worth noting that during its development, ZKasino has received favor and support from institutions such as MEXC and Big Brain Holdings, which has caused the project's valuation to a high of US$350 million. However, after the incident, the project party's various defenses and so-called remedies failed to calm public anger. They argued that the funds were safe and launched so-called "refund applications", but in the eyes of investors, these are nothing but pale excuses, their money has been lost, and the community's trust in similar projects has also fallen to the bottom under the impact of this incident. According to statistics from the Slow Fog Security Agency, ZKasino ranked first among the top ten runaway incidents in 2024 with a $33 million amount involved, becoming a difficult scar in the cryptocurrency industry, reminding people of the risks and hidden dangers in the industry.

Prometheus's true identity is like a fog, and it is still an unsolved mystery to this day, but he is by no means an unknown person in the encryption circle. He has actively participated in the Zigzag Exchange, a well-known DEX project of the zkSync ecosystem. He played an important role in the development of the project. With his technical strength and innovative ideas, he has won a financing of up to US$15 million for the project. This achievement not only made Zigzag Exchange famous in the industry, but also made Prometheus himself acclaimed reputation in the cryptocurrency field and a technology star that has attracted everyone.

However, the good times did not last long, and the ZKasino incident was like a sudden storm, completely subverting the image of Prometheus. Norwegian media "Aftenbladet" once reported that a young man from Rogaland (pseudonym Prometheus) was accused of snatching Norwegian kroner (about 35 million US dollars). Once this news came out, it caused a great sensation in the community. Angry community members even offered a reward to search his personal information, trying to uncover his mysterious veil and make him pay the price he deserves for his actions. From a once acclaimed tech star to a controversial figure who is wanted and notorious now, Prometheus's fall is a pity and has given people a deeper understanding of the risks and complexity of human nature in the cryptocurrency industry.

Recently, a new project called WhiteRock_Fi was quietly launched, like a stone thrown into a calm lake, causing ripples in the cryptocurrency field. However, the public information about WhiteRock_Fi is extremely limited, as if covered with a thick veil, making it difficult to see its true face. According to its official website (whiterock.fi), WhiteRock_Fi aims to tokenize traditional financial assets (such as stocks, bonds and real estate) through blockchain technology, promising to "unlock global liquidity and democratize financial participation." The project's slogan is extremely attractive, claiming that "buying stocks, bonds and real estate in cryptocurrencies, with assets guaranteed by smart contracts." On the surface, as a project in the RWA (real world asset) track, WhiteRock_Fi seems to have accurately grasped the industry trend and has broad development prospects. However, after a deeper exploration, you will find that it lacks white paper and clear team information, which undoubtedly makes people deeply doubt its ability to implement it. After all, the RWA track connects traditional assets and has extremely high requirements for the team's resources and strength, and WhiteRock_Fi's lack in this regard makes its future full of uncertainty.

Currently, WhiteRock_Fi's token WHITE has been traded online on platforms such as Uniswap V2. Although the initial transaction volume was relatively limited, the community's discussion about it was heating up, and its X account has attracted about 32,000 followers. At this moment, He Bi's revelation was like a sharp sword, instantly casting a shadow on the project. He pointed out that Prometheus is suspected of operating WhiteRock_Fi in a new identity, and its operating model has surprising similarities with ZKasino: high-profile marketing methods try to attract investors' attention through large-scale publicity and promotion; attract funds with the help of KOL endorsement, and use the influence of well-known people to increase the credibility of the project; hidden risks in the backdoor of the code, which may lay huge hidden dangers for investors.

He Bi's revelations have sparked widespread discussion on the Internet, and there are many messages below his post. A message said: "We have just finished researching this project. The product is interesting, but the team composition, organization, and celebrity endorsement is unclear, which is a hidden danger." Someone said: "I have been looking for the background of this project. It is very suspicious. The token pool is not in depth, and the claimed cooperation cannot be confirmed. The total token volume is 65 billion, and 1 billion was paid to Trump. So it is tentatively determined to be a scam." At present, although there is no conclusive evidence that WhiteRock_Fi has begun to raise funds, and it is impossible to determine whether it will repeat the "bridge scam" of ZKasino, these doubts and concerns are enough to make it a potential risk point worthy of the industry's high attention. Meanwhile, WhiteRock_Fi's Telegram community has not yet formally responded to the allegations and continues to maintain a mysterious low-key gesture, which undoubtedly further aggravates people's doubts and speculation.

The ZKasino incident is far from over because of the "refund commitment", and the many problems hidden behind it are still fermenting. Through in-depth research, on-chain data analyst Yu Chen found that ZKasino's multi-signature wallet (suspected team control) has used user funds for high-risk operations many times. For example, borrow user funds as collateral into other assets and then participate in market speculation. This behavior is like dancing on the edge of a cliff, full of great risks. Community members have speculated that this may be a performance of the team trying to make up for the funding gap by taking risks or seeking additional profits. However, this wanton domination of user assets is undoubtedly a serious trampling on investors' trust, which not only exposes the team's integrity crisis, but also allows investors' last trace of trust in the safety of funds to disappear. He Bi's warning may be based on this background, reminding industry insiders to be vigilant about Prometheus' new actions and avoid falling into similar traps again.