Binance's in-chain research team played a vital role in the apprehension of a suspect involved in the ZKasino fraud case, providing crucial insights to law enforcement. The team's expertise in on-chain tracking and open-source intelligence (OSINT) helped identify the attacker by examining all of ZKasino's smart contracts.

This led to the arrest of a 26-year-old suspect on April 29, and the subsequent seizure of $12.2 million worth of crypto, real estate, and luxury cars.Binance's investigation team worked closely with law enforcement to freeze millions of dollars worth of stolen crypto, aiding in the recovery of funds.

The team also supported Dutch authorities with on-chain monitoring, helping to trace the flow of funds and understand how the malicious ZKasino smart contracts were set up.The suspect's past comments, made under a pseudonym on Twitter, greatly aided the community in identifying the scammer. Despite the arrest, evidence suggests that the stolen funds are still being moved, indicating multiple attackers involved in the incident.

The crypto community's response played a significant role in directing Binance's Crime Compliance and Investigation team to probe the fraudulent gambling platform. This collaboration highlights the importance of collective efforts in combating crypto fraud and ensuring justice for affected investors.