The ZKX team’s shutdown serves as a reminder of the critical role that transparency and accountability play in the success and stability of cryptocurrency projects.
The recent shutdown of ZKX has sent ripples through the cryptocurrency community, prompting investor and market maker Amber Group to share its perspective and crucial information to promote transparency and support the community.
In a post on the X social platform, Amber Group disclosed that the announcement on July 30 that ZKX would cease operations shocked Amber Group as it did to the broader crypto community.
The firm noted that it has been closely involved with ZKX as a market maker, facilitating liquidity during the token generation event (TGE) held on June 19.
