Gemholic Accused of Disappearing with Unlocked Funds

Gemholic Accused of Disappearing with Unlocked Funds

A crypto project called Gemholic faces accusations of stealing investor funds after moving a large sum of money and vanishing from social media. Gemholic ran a decentralized exchange (DEX) named GemSwap on the ZkSync network, a layer-2 scaling solution for Ethereum. In April 2023, an expert discovered that Gemholic accidentally locked 921 ETH (around $1.7…