Fact-check findings

The reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.

1. #1[disputed][awaiting moderator]in the summary

   “Zerion is a non-custodial DeFi portfolio tracker and multi-chain wallet founded in 2016, supporting 50+ blockchains including Ethereum and Solana.”

   reviewerZerion was founded in 2016Multiple sources, including Zerion's own company materials (2019 founding, per aggregated search of Zerion's Notion company-info page and CB Insights) and the '7+ Years On-Chain' label on zerion.io in 2026, point to a 2019 founding, not 2016. Third-party profiles are split between 2016, 2017, and 2019.
   Proposed correction (not yet applied)

   Zerion is a non-custodial DeFi portfolio tracker and multi-chain wallet founded in 2019, supporting 50+ blockchains including Ethereum and Solana.
   citedwww.gemini.com/cryptopedia/zerion-crypto…erion-wallet-appzerion.io/
2. #2[disputed][awaiting moderator]in section: Company Overview and Background

   “Zerion was founded in 2016 by Evgeny Yurtaev (CEO) and Alexey Bashlykov as a non-custodial DeFi interface and portfolio tracker built on Ethereum.”

   reviewerZerion was founded in 2016 by Evgeny Yurtaev and Alexey BashlykovSame underlying defect as the summary claim. Founders' names (Yurtaev, Bashlykov) are correctly attributed, but the year is likely wrong; a third co-founder (Vadim Koleoshkin, COO) appears in several third-party profiles and is not mentioned on the page (noted separately as a coverage gap).
   Proposed correction (not yet applied)

   Zerion was founded in 2019 by Evgeny Yurtaev (CEO) and Alexey Bashlykov as a non-custodial DeFi interface and portfolio tracker built on Ethereum.
   citedwww.gemini.com/cryptopedia/zerion-crypto…erion-wallet-appwww.crunchbase.com/person/evgeny-yurtaevzerion.io/
3. #3[disputed][awaiting moderator]in the timeline

   “2016”

   reviewerZerion founded in 2016 (timeline entry)Same founding-year defect reflected in the timeline date field.
   Proposed correction (not yet applied)

   2019
4. #15[disputed][awaiting moderator]in the timeline

   “2024-12”

   reviewerZERO Network mainnet went live around December 2024, approximately 1.5 years before its May 2026 shutdownIndependent reporting consistently dates the ZERO Network mainnet launch to November 12, 2024, not December 2024. The ~1.5-year framing used in the shutdown announcement (May 2026) is still roughly accurate against a November 2024 launch.
   Proposed correction (not yet applied)

   2024-11
5. #17[disputed][awaiting moderator]in section: Security Architecture and Third-Party Audits

   “Zerion has commissioned security audits from Cube53, Secfault Security, PeckShield, and Trail of Bits, all of which it states are publicly available.”

   reviewerZerion has commissioned security audits from Cube53, Secfault Security, PeckShield, and Trail of BitsThe page's own cited primary source (zerion.io/security) contradicts the specific firm names given. This is a direct, verifiable factual error.
   Proposed correction (not yet applied)

   Zerion has commissioned security audits from Cure53, SlowMist, Zokyo, and Secfault Security, all of which it states are publicly available.
   citedzerion.io/security

No source the reviewer could reach confirms or contradicts the claim.

1. #4[unverifiable][awaiting moderator]in section: Company Overview and Background

   “Yurtaev previously founded CryptoTrader, an exchange aggregator with over 500,000 downloads, and held internships at Google on the Auth and Calendar iOS teams.”

   reviewerYurtaev previously founded CryptoTrader (500,000+ downloads) and interned at Google on the Auth and Calendar iOS teamsCould not independently confirm or refute via web search; no source surfaced CryptoTrader or a Google internship for Yurtaev. Not contradicted either, so left unverifiable rather than disputed.
   citedwww.crunchbase.com/person/evgeny-yurtaev
2. #5[unverifiable][awaiting moderator]in section: Company Overview and Background

   “Headquartered in San Francisco with a globally remote team”

   reviewerZerion is headquartered in San FranciscoSources disagree (CB Insights: San Francisco; Crunchbase: London); Zerion's own homepage does not state a headquarters location. Left unverifiable rather than disputed given the split.
   citedwww.gemini.com/cryptopedia/zerion-crypto…erion-wallet-app
3. #9[unverifiable][awaiting moderator]in section: Funding and Investors

   “No regulatory filings or enforcement actions from the SEC, CFTC, or other financial regulators have been identified as of May 2026.”

   reviewerNo SEC, CFTC, or other regulatory filings/enforcement actions against Zerion as of May 2026Consistent with an absence of search results, but this is an unverifiable negative claim rather than a confirmed one; no direct check of SEC/CFTC dockets was performed.
4. #13[unverifiable][awaiting moderator]in section: June 2023 Twitter Account Compromise

   “Blockchain intelligence firm Scam Sniffer noted the attacker was the same individual responsible for over 170 phishing sites that stole approximately $2.58 million from 2,032 victims in the preceding month.”

   reviewerScam Sniffer identified the June 2023 attacker as responsible for over 170 phishing sites that stole ~$2.58 million from 2,032 victims in the preceding monthCould not confirm via the cited X post (paywalled) or any other source; the one fetchable primary source for this incident names a different firm (PeckShield) for a related but distinct detail. Left unverifiable rather than disputed because the X post itself was inaccessible, not contradictory.
   citedx.com/realScamSniffer/status/1669152727073722373

A cited source no longer resolves or no longer says what the page attributes to it.

1. #20[link rot][awaiting moderator]in section: Security Architecture and Third-Party Audits

   “https://www.bitget.com/academy/zerion-wallet-review”

   reviewerBitget Academy review of Zerion Wallet is a live, citable sourceConfirmed dead link; recommend removal since no live equivalent could be located.
   citedwww.bitget.com/academy/zerion-wallet-review
2. #21[link rot][awaiting moderator]in the cited sources

   “https://www.bitget.com/academy/zerion-wallet-review”

   reviewerBitget Academy review of Zerion Wallet is a live, citable source (sources_used entry)Same underlying dead link as the sections[6] occurrence.
   citedwww.bitget.com/academy/zerion-wallet-review

The cited evidence supports part of the claim but not all of it.

1. #19[partially supported][awaiting moderator]in section: Security Architecture and Third-Party Audits

   “The self-custodial model means that the three documented incidents — the 2021 phishing attack, the 2023 Twitter compromise, and the 2026 social engineering breach — did not result in loss of user private keys or user-custodied funds in any case.”

   reviewerNone of the three documented security incidents (2021, 2023, 2026) resulted in loss of user private keys or user-custodied funds in any caseThe page's own Feb 2021 section states a user lost ~$30,000 in a phishing trap, which is a loss of user funds even though Zerion later made the user whole; the security section's blanket claim overstates the self-custodial model's protection by omitting this caveat.
   citedzerion.io/security

The cited evidence supports the claim as written.

1. #6[confirmed][no action needed]in section: Funding and Investors

   “Zerion has raised a total of approximately $22.5 million across five funding rounds.”

   reviewerZerion raised approximately $22.5 million across five funding roundsFigure and round count are close to independently verified data; treated as confirmed given the page's own 'approximately' hedge.
   citedwww.crunchbase.com/organization/zerion/i…estor_financials
2. #7[confirmed][no action needed]in section: Funding and Investors

   “The most recent and largest was a $12.3 million Series B closed in August 2022, announced publicly in October 2022, led by Wintermute Ventures.”

   reviewer$12.3 million Series B closed August 2022, announced October 2022, led by Wintermute Ventures, with named participantsRound size, lead investor, announcement timing, and participant list all check out against independent reporting.
   citedwww.crowdfundinsider.com/2022/10/197327-…illion-series-b/www.prnewswire.com/news-releases/zerion-…s-301646731.html
3. #8[confirmed][no action needed]in section: Funding and Investors

   “The company has 29 known investors across all rounds.”

   reviewerZerion has 29 known investors across all roundsMatched independently via CB Insights.
   citedwww.crunchbase.com/organization/zerion/i…estor_financials
4. #10[confirmed][no action needed]in section: April 2026 Social Engineering Attack (North Korean Attribution)

   “A team member's device was compromised through an AI-driven social engineering attack, exposing logged-in sessions, sensitive credentials, and private keys associated with company internal hot wallets used for testing and operational purposes.”

   reviewerApril 2026 incident: web app disabled, employee device compromised via AI social engineering, ~$100,000 in internal/company hot wallet losses, no user funds affectedCore facts of the April 2026 incident are well corroborated across multiple independent crypto trade press outlets.
   citedcoinedition.com/zerion-disables-web-app-…l-wallet-breach/www.cryptotimes.io/2026/04/15/north-kore…tack-steal-100k/
5. #11[confirmed][no action needed]in section: April 2026 Social Engineering Attack (North Korean Attribution)

   “Multiple news outlets reported attribution to North Korean threat actors, with security researchers citing patterns consistent with the group tracked as UNC1069, which reportedly conducts multiweek campaigns via Telegram, LinkedIn, and Slack using AI-generated lures and fake audio/video to impersonate trusted contacts.”

   reviewerAttribution to North Korean group tracked as UNC1069, using multiweek Telegram/LinkedIn/Slack campaigns with AI-generated lures and fake audio/videoPage appropriately hedges attribution as researcher-based rather than an official government finding, which matches how it is reported in the press.
   citedwww.cryptotimes.io/2026/04/15/north-kore…tack-steal-100k/financefeeds.com/north-korean-hackers-be…-zerion-exploit/
6. #12[confirmed][no action needed]in section: June 2023 Twitter Account Compromise

   “Funds stolen via the Twitter-amplified phishing scheme totaled $2,775.55 in ETH, $18,292.90 in ERC-20 tokens, and $3,756.93 in NFTs from affected users.”

   reviewerJune 2023 Twitter compromise: date/time, mechanism (Telegram impersonation, malware), and dollar losses ($2,775.55 ETH, $18,292.90 ERC-20, $3,756.93 NFTs, additional $53,000 from POAP/personal wallet)Precisely matches the primary source. Timeline entry's summed total of '~$24,825 stolen from victims' also arithmetically matches the three itemized figures ($2,775.55 + $18,292.90 + $3,756.93 = $24,825.38).
   citedzerion.io/blog/twitter-account-compromised-post-mortem/
7. #14[confirmed][no action needed]in section: February 2021 Asset Phishing Attack (Fake Balancer Pool)

   “In February 2021, Zerion disclosed a platform-level phishing incident in which a single user lost approximately $30,000.”

   reviewerFebruary 2021 fake-Balancer-pool phishing attack caused a single user to lose approximately $30,000; Zerion published a post-mortem and resolved the user's lossesMatches independent case-study source.
   citedzerion.io/blog/post-mortem-on-zerions-as…phishing-attack/www.quadrigainitiative.com/casestudy/zer…ishingattack.php
8. #16[confirmed][no action needed]in section: ZERO Network Layer-2 Shutdown

   “On May 21, 2026, Zerion announced it would permanently shut down ZERO Network, its Ethereum Layer-2 rollup chain launched approximately 1.5 years prior.”

   reviewerZERO Network shutdown announced May 21, 2026; bridging in disabled immediately; bridging out available until July 31, 2026, after which block production ceasesShutdown mechanics and dates are well corroborated.
   citedwww.cryptotimes.io/2026/05/22/zero-netwo…-wallet-and-api/en.cryptonomist.ch/2026/05/22/zero-netwo…wn-july-31-2026/
9. #18[confirmed][no action needed]in section: Security Architecture and Third-Party Audits

   “Zerion integrates with Blockaid for real-time transaction simulation and phishing detection.”

   reviewerZerion integrates with Blockaid for real-time transaction simulation and phishing detectionConfirmed via Blockaid's own blog describing the partnership, though the specific claim that Blockaid (rather than another vendor) powers 'transaction simulation' specifically is not explicitly stated anywhere found — only phishing/dApp-scan integration is explicitly attributed to Blockaid.
   citedzerion.io/security