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3232Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH
https://www.digit.info/allegations-of-rug-pull-arise-after-gemholic-team-withdraws-3-5m-in-previously-locked-eth/
Sat, 08 Jun 2024 19:28:14 +0000https://www.digit.info/2024/06/08/allegations-of-rug-pull-arise-after-gemholic-team-withdraws-3-5m-in-previously-locked-eth/Read more]]>On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain security firm Solidproof’s Know Your Customer (KYC) process. Zksync’s v24 Upgrade The layer two (L2) Ethereum blockchain scaling protocol, Gemholic, faced allegations of […]