FTX has allegedly warned users towards interacting with high-risk companies as complaints surfaced that the alternate is obstructing accounts that interacted with zk cash on the Aztec community.

Chinese journalist Colin Wu reported Aug. 19 {that a} person’s account was frozen for making a switch to his zk cash account.

Some users took to Twitter to share their experiences. A Twitter user earlier shared some screenshots on Aug. 14, about a series of questions that FTX customer care asked when attempting to make deposits to the account.

Another user also complained about being prohibited from making withdrawals after some funds were frozen.

FTX allegedly said that addresses associated with the protocol are “high-risk” and are prohibited on the exchange. Users are advised to desist from using mixing services as it could endanger their accounts.

Aztec is a privacy protocol, not a mixer

Some users noted that Aztec Network is a privacy solution and should not be treated on the same terms as mixing services like Tornado Cash.

zk money is a layer-2 privacy answer constructed on the Aztec network which permits users to carry out transactions with out compromising their privacy. Transaction information may be shielded from the general public however the proprietor can select who and what to share if the necessity be.

A person expressed pessimism that if freezing sprees towards privacy protocols are unchecked, zk rollup options that are constructed to protect privacy might have met an early finish.

More concern for privacy protocols

The United States’ sanction towards Tornado Cash and the arrest of a developer within the Netherlands, has introduced a risk to the way forward for privacy-focused options like Monerao.

That however, Monero nonetheless accomplished its arduous fork on Aug. 13. The improve helped enhance the safety and privacy options of the community.

As fears about the security of privacy protocol builders mount, Monero developer Justin Berman reiterated his dedication to maintain constructing an answer that may give users the privacy they deserve.





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