Onchainlens reports a significant blow to ZKCasino, a cryptocurrency gambling project already under scrutiny for a suspected $40 million rug pull. An address linked to the project experienced a $27.1 million loss due to the liquidation of a highly leveraged (20x) ETH position on Hyperliquid. This liquidation further intensifies concerns surrounding ZKCasino's financial stability and trustworthiness. The project had previously pledged to return funds, but this recent event casts doubt on their ability to fulfill that promise. The high-risk leveraged trading strategy suggests a desperate attempt to recoup losses, potentially jeopardizing remaining user funds. The incident highlights the inherent risks associated with decentralized finance (DeFi) projects, particularly those operating in the high-stakes gambling sector. Investors and users should exercise extreme caution and conduct thorough due diligence before engaging with such platforms. ```

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