.MultichainOrg finally gave the community some answers; unfortunately, they raise even more questions
The situation was further complicated when the authorities confiscated all of Zhaojun's digital assets, including computers, phones, hardware wallets and mnemonic phrases. As a result, control over all operational funds and investor capital fell into the hands of the police.The Multichain team made efforts to keep the project running and withheld details about the case to comply with local laws and regulations.
Zhaojun's sister managed to transfer the remaining assets in the router pool for preservation on July 9. However, in a shocking twist, she was also taken into custody on July 13, leaving the status of the preserved assets in limbo. With no additional sources of information or operational funds, the Multichain team announced the suspension of its operations on July 13. The team advised users not to use the Multichain service anymore.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Fantom Foundation endorses Axelar, LayerZero amid Multichain concernsThe Foundation endorsed Axelar and LayerZero as alternative bridging solutions for their network following the issues with Multichain.
Baca lebih lajut »
Multichain Hack: Fantom Foundation Reveals Next StepsFantom looks to diversify its bridge providers in wake of Multichain woes
Baca lebih lajut »
Multichain Hack Is a Possible 'Rug Pull,' A Further $103M Drained | CoinMarketCapMultichain, a cross-chain bridge protocol, saw another $103 million transferred to different blockchain addresses, according to security firm Beosin.
Baca lebih lajut »
Crypto Bridging Protocol Multichain Ceases OperationsCrypto bridging protocol MultichainOrg said it has been forced to stop operations after the CEO and his sister were taken by Chinese police 'due to lack of alternative sources of information and corresponding operational funds.' JamieCrawleyCD reports.
Baca lebih lajut »
Foundation Star Cassian Bilton On Friction Between The Cleons & Dawn's Story In Season 2We chat with Foundation star CassianBilton about playing a whole new Brother Dawn in season 2 of the AppleTV series, his dynamic with Sareth, and how he collaborates with Lee Pace and Terrence Mann to create the Cleons:
Baca lebih lajut »