🚀🚀Surprise Altcoin Suddenly Shuts Down: There Are Reactions from the Industry 🚀🚀
ZKX's sudden and controversial cessation of operations was harshly criticized by leading investors and market makers such as Amber, HashKey and ArkStream. The closure decision was announced without any prior communication with the relevant parties, and many people learned about this situation and demanded an explanation.
Investors have expressed frustration with ZKX's lack of transparency. “The team claimed they were out of budget, did not provide information about finances or spending details, and did not communicate with us,” a representative from Amber said in a statement. This view was also supported by HashKey and ArkStream, who jointly criticized ZKX for its handling of the situation and lack of accountability.
Starknet Foundation's Developer Relations Director, Henri, felt the need to defend ZKX in the face of increasing reactions: “ZKX has been in the industry for years. We know them and have worked together; They did important work for the ecosystem. It's completely unfair to call them scammers because of a few bad decisions. "I see more incompetence than bad faith here," he said.
ZKX's multimillion-dollar venture capital funding and token creation event a few weeks ago led blockchain sleuth ZachXBT to describe the project as a rug pull. Founder Eduard Jubany Tur, on the other hand, defended the closure by stating that it did not make economic sense for the project to continue.
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