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Amber Group: Currently holds 3 million ZKX, ZKX stops operations without prior communication

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2024-08-04 00:37:26
ZKX investor and market maker Amber Group issued a statement on the sudden closure of ZKX last night. Amber Group disclosed that it currently holds 3 million ZKX tokens, including 1 million token loans and 2 million net purchases from the market. The company said that since the ZKX token TGE, due to the lack of buying interest, even if the price fell, they have been net purchases to maintain liquidity.
Amber Group stressed that ZKX's abrupt announcement of a halt to operations on July 30, without prior communication, set a bad precedent. Amber Group called for greater transparency from the industry, arguing that clear communication is essential to building trust, and hoped that the ZKX team would take action to resolve the current situation in a more transparent manner.
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