Gemholic accused of rug pull after moving $3.3 million in recently recovered funds, vanishing from social media

previously-inaccessible funds recently unlocked by a ZkSync network upgrade and seemingly deleting its social media presence.

ZkSync developers reported at the time that they had devised a solution to unlock the funds, which were worth about $1.7 million at the time but have since grown to $3.4 million in value with ether's rise in price. The funds were seemingly unlocked yesterday following the deployment of ZkSync's recent v24 upgrade on its mainnet.

However, following the recovery of the funds, X users noticed that the funds had been moved to the Ethereum mainnet while Gemholic's X and Telegram accounts were suddenly inaccessible, possibly after being deleted by the Gemholic team. X user Nahnah64 compiled a list of wallet addresses that seemingly reflect the $3.4 million in recently unlocked funds.

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