ZKsync developer Matter Labs sued for intellectual property theft

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On April 22, according to CoinDesk, ZKsync development company Matter Labs was sued by the now-defunct digital asset banking platform BANKEX for intellectual property theft. On March 19, BANKEX CEO Igor Khmel and the BANKEX Foundation filed a lawsuit in the New York Supreme Court, alleging that former BANKEX employees Alexandr Vlasov and Petr Korolev stole their technology and founded Matter Labs, a company that has previously raised over $450 million in venture capital and has become a major player in the blockchain industry.

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