zkSNACKs Ltd. as of 2021 was registered in Gibraltar and was operating in compliant way with all regulations and was able to operate and take income and pay wages to employees.
The problems started happening when people started asking questions.
The problem is the centralization where there is a company that is trying to make money from a software (Wasabi wallet) they've created. If the things get worse with crackdowns the same thing could happen to other centralized companies that have created "regular" wallets like Coinomi.
The governments will put pressure on these companies (as the centralized point of failure) and demand they comply with whatever they say.