**Crypto Community Shaken by ZKX Shutdown: Amber Group Steps In**
- The crypto world was rocked when ZKX announced its shutdown on July 30. Amber Group, a key market maker, shared its shock and commitment to transparency on social platform X.
- Amber Group had facilitated liquidity for ZKX's token event on June 19 with a 2 million ZKX token loan. Despite low buying interest, they kept the market afloat.
- On June 24, ZKX requested 1 million tokens back to boost confidence. Amber complied, reducing their loan to 1 million tokens.
- Amber now holds 3 million ZKX tokens, including 2 million bought from the market.
- Other investors, like Hashkey Capital, voiced frustration over ZKXâs lack of transparency. Founder Eduard Jubany Tur cited poor economic prospects for the shutdown.
Stay tuned for more crypto drama! đ