Head of DeFi at ZkSync Accused for “Private” Advisory Deal

Derivatives Ape accuses DeFi Lead at ZkSync of private advisory deal for "free tokens"

Nattynatman

Posted on Dec 2, 2023

The Head of DeFi at zkSync allegedly tried to benefit a personal connection by directing zkSync tokens towards SyncusDAO, a project he seems to advise, as indicated by a tweet from core team member of SyncusDAO @Derivatives_Ape.

Seb, the DeFi Lead at zkSync, responded by denying the allegations, claiming the image is fake.

ZachXBT, a reputable on-chain analyst, chimed in by expressing skepticism about @Derivatives_Ape’s credibility, stating they have been “proven bad actors” in this tweet.

The unfolding story includes private chats revealing an initial advisory deal proposal on Seb’s end.

After this conversation, Syncus announced on their Medium article that Seb joined the project as an advisor on November 25.

However, Seb claimed that the Medium article was false and that he had not joined Syncus as an advisor as there was yet to be any formal deal.

From the private chats, it appears that Seb wanted the advisory service proposal to remain private, until further formalisation and disclosure to the ZkSync team for internal confirmation.

Faced with the possibility of public criticism and threats of job loss, Seb has had to publicly defend his integrity and seek support from the community.

Amid the accusations, this incident has drawn greater attention to the project.