Amber Group Reveals ZKX Closure Incident: No Prior Communication, Holds 3 Million ZKX Tokens
Publication Time:2024-08-04 08:41:08
A recent event in the cryptocurrency space has garnered significant attention. Amber Group, an investor and market maker of ZKX, made a statement last night disclosing details about the incident related to the closure of ZKX. According to Amber Group's statement, the company currently holds 3 million ZKX tokens, including 1 million tokens loaned and 2 million bought net from the market. This approach reflects Amber Group's commitment to maintaining market liquidity during the early trading period of ZKX tokens, despite facing challenges such as declining prices. Amber Group emphasized ZKX's failure to communicate prior to the event, stating that this not only harmed the interests of market participants but also violated the transparency principle that should be upheld in the cryptocurrency industry. Amber Group called for increased transparency throughout the industry, asserting that clear communication is crucial for building and maintaining trust within the sector. Additionally, Amber Group expressed its expectations for the ZKX team to handle the situation more transparently, aiming to find suitable solutions to restore market confidence.
Cryptocurrency
ZKX
Amber Group
Market Liquidity
Token Holding