Editor's PiCK
ZKSync (ZK) Team "Token Manager Account Compromised...Not a Technical Issue"
Summary
- The ZKSync (ZK) team officially confirmed that a token theft incident occurred due to a manager account hacking.
- User funds are safe, and this incident is an independent situation caused by a private key leak, not a technical issue.
- Despite the incident, ZKSync is currently trading at $0.044, down 14.40% compared to 24 hours ago.

An official statement has been released that the sharp decline in ZKSync (ZK) was due to a manager account hacking.
On the 15th (local time), ZKSync announced via its official X that "the security team has confirmed that the hacked manager account stole ZK worth $5 million," stating that "the tokens were unclaimed leftovers from an airdrop." They continued, "User funds are safe and not exposed to any risk," and "all necessary security measures are currently underway."
They particularly emphasized that this incident is not related to a technical issue. The team stated, "The ZKSync protocol and token contract are not problematic. This decline is an independent situation caused by a private key leak." They added, "We will provide further guidance on related matters after additional investigation."
Previously, there were suspicions spreading within the virtual asset community that the ZKSync team issued 110 million ZK on-chain and sold 66 million ZK.
As of 11:10 PM, ZKSync is trading at $0.044 on the Binance USDT market, down 14.40% compared to 24 hours ago.


Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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