TechFlow, April 22 — According to CoinDesk, the defunct blockchain company BANKEX has filed a lawsuit against Matter Labs, the developer of the Layer-2 network ZKsync, accusing it of stealing intellectual property.
The lawsuit alleges that two former BANKEX employees, Alexandr Vlasov and Petr Korolev, secretly transferred company technology while developing the Ethereum scaling solution Plasma and subsequently founded Matter Labs. The suit also names Matter Labs co-founder Alex Gluchowski, Dragonfly—a cryptocurrency investment fund—and Chris Burniske, partner at Placeholder Capital, as defendants.
A spokesperson for Matter Labs responded that the allegations are "baseless," emphasizing that ZKsync is an original technology and not based on or derived from any BANKEX code.
