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

Gemholic, the team behind the defunct GemSwap decentralized exchange on Ethereum Layer 2 network ZkSync, is facing rug pull accusations after moving previously-inaccessible funds recently unlocked by a ZkSync network upgrade and seemingly deleting its social media presence.  In April 2023, Eden Au, director of research at The Block, was the first to notice that […]