Wannabe cryptocurrency online gambling operator ZeroEdge has announced a second round of its initial coin offering, despite ample evidence that the entire operation is a scam.

ZeroEdge held the first pre-ICO sale of its Ethereum-based ‘Zerocoin’ crypto token in late February, reeling in investors with the company’s pitch of launching an online sports betting and casino business that would corner the online gambling market with its 0% house edge (which, as we pointed out in our original coverage, isn’t actually zero).

Echoing the adage that history repeats itself first as tragedy, then as farce, ZeroEdge is now planning a second ICO round in June, this time offering a 58% discount on the price of its token. That hefty discount suggests either the first round didn’t sell as much as the company had hoped or the company has been forced into the hard sell routine due to some damning evidence that their business is a sham.

On March 28, Medium.com published an in-depth examination of ZeroEdge that determined “the casino and the ‘Zerocoins’ they are launching on March 27 are all fake.” We strongly advise everyone to read the full article to understand the lengths to which scammers will go to flog their useless pump-and-dump tokens.