Why Zurker is suspended

zurker is suspended

Zurker which was evolving slowly into a social networking giant with an unique idea of giving away shares to the users who had accounts in Zurker. The platform was getting better every day. More and more members were actually using Zurker on a day-to-day basis. This was a sure sign that the project was on a steady course towards success. All of a sudden Zurker.com  has been temporarily suspended as it does not comply with the jurisdictional laws. The founder has been investigated by the US Securities and Exchange Commission. Berzurker the founder of Zurker has reported that it might be necessary to shut Zurker down and rebuild Zurker with an emphasis on regulatory compliance, or to modify it in a different and more welcoming jurisdiction.

Why zurker is suspended? It was suspicious that Zurker came under investigation right after it started getting significance and succeeded in getting a very good Alexa ranking below 10000.BerZurker has mentioned that he is worried that someone in or near San Francisco might have triggered the investigation suggesting that some company which could not bear the growth of Zurker might have raised a complaint.

The founder has not yet revealed as of why Zurker has been suspended because even he was not been able to ascertain which laws or regulations they have violated.The sad news is that even the people who have contributed and funded this project believing in the idea and who did not even have access to Zurker data have been undergoing investigation by SEC.

Berzurker’s lawyer suggested him to suspend the operations of website or the project till the SEC prosecution ends as it would help in faster recovery and emerge again and thrive for success. Hope that Zurker starts its operations again in near future.

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About Sai Prashanth

IT professional. Love to write.