| Founded | 2018 |
|---|---|
| Closed | 2024 |
| Country | UK |
| Sector | Web3 |
| Collapse type | Sudden Collapse |
| Founder | Tom Wallis, Zac Williamson |
Aztec Network
"Raised $100M for ZK privacy then shut down the entire team overnight."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Aztec Network, a zero-knowledge privacy layer founded by Tom Wallis and Zac Williamson, raised $100M in December 2022 but shut down in March 2024, laying off its entire team of 70+ engineers.
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