The companies said they learned of the project’s closure from a post on X. They were also not provided with any financial statements.
According to fund partner ArkStream, ZKX said it was under no legal obligation to provide any financial statements or cost information.
All of the funds consider these actions a scam and believe that ZKX employees will no longer have a future in the crypto industry.
ZKX has raised more than $7 million from various funds such as StarkWare, Amber Group, HTX, CryptoCom, Hashkey, GCR, etc.