**Subject:** Urgent Warning: $ZKJ Crash & Team Dump Allegations
**Attention Binance Community,**
The PolyhedraZK ($ZKJ) token has experienced a **~90% crash** amid allegations of a coordinated team dump. Key details:
- **Price Collapse:** Dropped from **$2.00 to $0.34** in under an hour.
- **On-Chain Data:** Team-linked wallets (e.g., `0x558e6bb...`) allegedly offloaded holdings, triggering **$93M+ liquidations** on OKX.
- **Volume Spike:** **34.97M $ZKJ** traded ($15M USDT) in panic selling.
### 🚨 Risks & Actions:
1. **Avoid FOMO Buys:** Extreme volatility—verify facts before acting.
2. **Monitor Wallets:** Track team-linked addresses for further movements.
3. **Demand Transparency:** Projects must prioritize accountability.
### 🔍 Lesson Reinforced:
Early-stage tokens with centralized/anonymous teams carry **high risk**. Always:
- Research team vesting schedules.
- Diversify, avoid overexposure to hype.
Binance remains committed to supporting a transparent ecosystem. Stay vigilant.
**#StaySafe #DYOR**
**🔁 Share to alert others.**
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*Note: This is a neutral alert based on public data. Not financial advice.*