WhiteRock Finance Founder Arrested in UAE Over Alleged ZKasino Fraud

Recent developments in the cryptocurrency space have brought to light the arrest of Ildar Ilham, the founder of WhiteRock Finance, by UAE authorities. Ilham stands accused in connection with a $30 million fraud related to the controversial ZKasino platform.

Roman Storm’s Legal Battle

Prior to his impending trial in the United States, Roman Storm, a key figure in the crypto community as a co-founder of the popular crypto mixing service Tornado Cash, has spoken out about his legal situation. Scheduled to commence on July 14 in the Southern District of New York, Storm’s trial has garnered significant attention from industry participants and regulators alike.

In an interview conducted by Crypto In America, Storm addressed the ongoing legal challenges he is facing. Following his arrest, Storm received overwhelming support from the crypto industry, with many viewing his case as a broader attack on open-source software developers and privacy advocates.

Connection to ZKasino Scandal

The revelation of Ilham’s arrest was made by crypto investigator ZachXBT, who tied Ilham to large-scale fundraising scams involving unfulfilled airdrops. Despite the allegations, Storm maintains his innocence and continues to receive staunch backing from the cryptocurrency community.