Shocking Lawsuit: BANKEX Accuses Matter Labs of Stealing Tech! 😱

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Well, well, well, if it isn’t another day, another lawsuit in the blockchain world. This time, Matter Labs—yes, the people behind Ethereum‘s Layer-2 solution ZKsync—are in hot water with BANKEX. 🍿

Now, BANKEX is a name you might not have heard of because, let’s be real, it’s defunct. But that doesn’t stop them from claiming that Matter Labs has stolen some intellectual property. Apparently, it’s all about that good old early Plasma technology. The drama is REAL. 🎭

The lawsuit, filed in the New York State Supreme Court (they really know how to bring the drama to the big stage), claims that two former BANKEX employees—Alexandr Vlasov and Petr Korolev—used their time at BANKEX to “borrow” some code and build Matter Labs. Oops, sorry, didn’t mean to steal your job, but we’ll take your tech instead! 🤷‍♀️

According to the filing, these sneaky devs were working on Plasma-based software at BANKEX when they “accidentally” diverted resources. Oh, and they totally stored codebases and transferred BANKEX’s tech while still collecting their paychecks. Classic move, right? 💼

BANKEX and Plasma: The Plot Thickens

Here’s where it gets spicy. Vitalik Buterin, yes, the ETH co-founder, asked BANKEX back in 2017 to help build Plasma—a framework for scaling Ethereum. Fast forward to today, and ZKsync is a big deal, raising over $450 million. Funny how things work out, huh? 👀

Of course, Matter Labs’ CEO, Alex Gluchowski, Dragonfly (the venture capital firm), and former board member Chris Burniske are all named in this drama-fueled lawsuit. Talk about a messy breakup. 💔

And for those of you who love a good scoop, CoinDesk was kind enough to keep us all updated on this legal chaos. You can’t make this stuff up. 📱

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2025-04-22 21:49