[Ethena Founder Denies Rumors of Collapse, Counter-Accuses ZKasino Founder of False Allegations] In response to rumors of an 'Ethena delta-neutral strategy collapse,' Ethena Labs founder Guy Young stated that this is complete nonsense and warned the market to be cautious of the ZKasino founder. He accused the latter of misappropriating $30 million of investor funds, with the assets already seized by law enforcement.