ZachXBT Alleges zkSNARKs Scheme Took In Eight Figures

The zkSNARKs allegation matters less for its size than for its source: ZachXBT's claims have previously shaped how the industry treats projects accused of raising funds without delivering. If the eight-figure figure holds up, it reinforces a pattern of scrutiny landing on privacy-adjacent branding rather than on the technology itself. Whether the claim is substantiated, and whether any exchange or partner responds, is the open question. Saylor's simultaneous push for mass adoption over regulatory compromise sits awkwardly beside it: adoption expands the surface that such schemes can exploit.