Perlone Capital partners question ZKX as a crypto scam: closed 6 weeks after TGE, changed unlocking plan, and exceeded circulation

2024-08-01 16:11:29
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ChainCatcher news, Perlone Capital partner Jin Kang tweeted this morning questioning the Starknet ecosystem DEX project ZKX, pointing out that it might be a scam.

Kang highlighted three main issues: the team shut down the project just 6 weeks after the TGE due to "insufficient funds," suddenly changed the token unlock plan during the TGE, and the actual circulating tokens at the TGE exceeded the official documentation, leading to a price crash.

He stated, "If this isn't a scam, then what is it?"

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