TechFlow reports that IDO platform Ape Terminal has officially announced the cancellation of ZKasino's IDO due to recent incidents. Full refunds will be provided to all participants, and stablecoin claims are now live. Users who participated in the sale will be able to claim their stablecoins.
Previously, ZKasino conducted its IDO on Ape Terminal on April 15, raising a total of 2 million USDC. However, users have reported on the X platform that the decentralized betting platform ZKasino removed the statement "Ethereum will be returned and can be bridged back" from its Bridge funds interface, preventing users from withdrawing funds and raising suspicions of a potential rug pull.
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