CryptoCurrencies logo CryptoCurrencies logo
Cryptopolitan 2023-07-14 12:30:05

Multichain ceases operations after CEO’s sister’s arrest holding $220 million

Multichain, a bridging protocol, has confirmed that it has ceased operations as CEO Zhaojun’s sister was arrested recently by the Chinese police while holding $220 million of the protocol’s funds. In a thread on its Twitter page, Multichain explained that it would be ceasing its operation due to the lack of alternative information sources and ... Read more

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.