$ZEC ZCASH IN CHAOS: Entire Dev Team QUITS as Price Crashes 20%
Zcash just got hit by a governance earthquake. Following an intense internal clash with management, CEO Josh Swihart confirmed that the entire Zcash development team has resigned. The trigger? A sudden shift in working conditions that reportedly betrayed the project’s original mission and values.
Instead of backing down, the devs made a bold move: they’re forming a new independent company to continue building Zcash outside the current structure. While Swihart insists the Zcash protocol itself remains safe, the market didn’t wait for clarity. Traders slammed the sell button, sending ZEC plunging nearly 20% in a flash, as fear and uncertainty took over.
Is this a temporary panic… or the start of a deeper fracture inside Zcash?
Watch closely-because governance drama often hits before the real move 👀
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