ZKasino, a crypto gambling platform embroiled in scam allegations, has announced a 72-hour window for users to reclaim their ETH. This development comes after the platform abruptly changed its token redeeming policies in April, preventing investors from reclaiming their bridged ether tokens. The 72-hour window, which started on May 28 and ended on May 31, allowed users to register for a reclaim process, but with certain conditions.

To participate in the reclaim process, users were required to deposit their first received batch of ZKAS bridge rewards back to the platform, forfeiting any future releases of ZKAS tokens scheduled over the next 14 months. The sign-up process was restricted to the original ETH deposit addresses through which the ZKAS bridge rewards were initially received. Users had to connect to the ZKasino network via its website, which would automatically verify the original deposit address. During this process, users were required to deposit their full balance of ZKAS tokens from these addresses, with allowances made for deductions needed to cover transaction gas fees.

The move by ZKasino comes amidst an ongoing investigation by Dutch authorities, who arrested a 26-year-old man associated with the platform and seized physical and digital records, and various assets worth 11.4 million euros ($12.2 million), including real estate and cryptocurrencies. The platform's founder, Ildar Elham, also known as Derivatives Ape, has a shady history involving previous failed crypto projects like ZigZagExchange and Syncus, raising concerns about the platform's operations and the latest claims made by the project.

ZKasino's actions have sparked controversy, with many users accusing the platform of being a scam. The platform's decision to convert users' funds into ZKAS tokens at an inflated price without user consent has led to allegations of fraud. The 72-hour window for users to reclaim their ETH has been seen as a move to address these concerns, but many remain skeptical about the platform's intentions.

The situation highlights the risks involved in the crypto space and the need for investors to be cautious when dealing with platforms and projects with questionable track records. As the investigation into ZKasino continues, users are advised to remain vigilant and seek legal advice if necessary. The outcome of this case will likely have implications for the crypto industry as a whole, serving as a reminder of the importance of transparency and accountability in the digital asset space.