It has become known that the Zksync team secretly embezzled 50 million ZK coins. This was discovered thanks to a thorough investigation conducted by one of the users.
🌐 Investigation and evidence
This fact was discovered in September, and since then the team’s actions have been monitored. All collected data, including hashes, addresses, team members and their actions, is published on GitHub and Mirror.
The Zksync team used privileged access to profit and managed to obtain almost 50 million ZK tokens through various transactions.
💬Waiting for community reaction
Both Binance and other leading institutions should take notice of this behavior, which goes against the principles of decentralization.
✈️ Problems with mining
Given that most mining operations on Telegram are not carried out on-chain, this allows token creators to appropriate significant amounts of emissions, which undermines the credibility of the projects. When everything is done in the dark, we cannot verify it or prove anything. Who wouldn't want to take advantage of this opportunity?
