Gate.io dispersed rumors about his downfall in the middle of the MultiChain fiasco

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Letzte Woche stürzte der Preis des Multichain-Tokens aufgrund von Berichten über fehlgeschlagene Abhebungen um etwa 20 % ab. Der genaue Grund dafür, dass Transaktionen im Multichain-Token stecken bleiben, ist noch unbekannt, obwohl es zwei Theorien gibt. Mögliche rechtliche Probleme Zunächst ging man davon aus, dass die Ein- und Auszahlungen von MULTI aufgrund eines schlecht durchgeführten Systemupdates, das viel länger als üblich dauerte, stecken blieben. Kurz darauf verbreiteten sich jedoch Gerüchte, dass das Entwicklerteam tatsächlich in Shanghai verhaftet worden sei, wie ein Lauffeuer. Diese Spekulationen bleiben unbestätigt. Inzwischen wurde jedoch vom Multichain-Team bestätigt, dass der CEO gegangen ist fehlenDadurch haben die …
Last week, the price of the multiChain token crashed by about 20 % due to reports on failed withdrawals. The exact reason why transactions get stuck in multicia token is still unknown, although there are two theories. Possible legal problems initially assumed that the deposits and withdrawals of Multi got stuck due to a poorly carried out system update, which took much longer than usual. Shortly afterwards, however, rumors spread that the development team had actually been arrested in Shanghai, like a running fire. This speculation remains unconfirmed. In the meantime, however, the multiCHAIN ​​team confirmed that the CEO has gone missing the ... (Symbolbild/KNAT)

Last week, the price of the multichain token crashed by about 20 % due to reports on failed withdrawals. The exact reason why transactions get stuck in multicia token is still unknown, even though there are two theories.

possible legal problems

First, it was assumed that the deposits and withdrawals of multi remained due to a poorly carried out system update that took much longer than usual. Shortly afterwards, however, rumors spread that the development team had actually been arrested in Shanghai, like a running fire.

These speculations remain unconfirmed. In the meantime, however, it has been confirmed by the multiCHAIN ​​team that the CEO has gone This means that the developers have No more access to carry out serverwarts, which could explain the downtime.

according to rumors about the @multicainorg Shanghai arrested, some major owners of

Team money exchanges move around 3 million US dollars https://t.co/5ecsg3rkek have also scared some investors, with $ Multi The price fell 26.5 %within 24 hours. pic.twitter.com/p2sqpu9ass

- arkham (@arkhamintel) 24. May 2023

At that time, an unknown user sent multi worth $ 2.75 million to gate.io and thus spread that the two platforms were connected.

Last week, even more assets that were supposedly belonged to members of the MultiChain team were transferred to Gate.io-especially through a series of transactions that added to Fantom worth around $ 10 million.

[🍽] just in:

There are rumors that the team https://t.co/5yqlo0SSVT was arrested. The multi-cake team has entered https://t.co/5yqlo0SSVT 10 million USD $ ftm . Is this a persistent, bigger problem? 🦢🏴‍☠️ https://t.co/s29kyyTchm pic.twitter.com/1xxbwgmops

-Coinsumption (@Coinsumption) 31. May 2023

Although we can say with certainty at this point that the multiChain team is likely to be in a difficult location, wild accusations that Gate.io accused of allegedly covering cover for the multiChain team with which they are supposedly connected.

gate.io rejects rumors

In order to calm the situation, the Gate.io team published an explanation that Bloomberg had seen in which it denied its participation in the matter and clarifies what it has done recently.

According to the Gate.io spokesman, the employees of the platform are more busy with the 10th anniversary of the platform they operate and with the paperwork-in particular a virtual asset service provider (VASP) license-which is required for the start of their platform, new trading platform.

"Rumors have recently been circulating about Gate.io. We would like to make it clear that our company is going perfectly, that the withdrawals work properly and, according to the rumors, there are no problems with our company or the withdrawals. The Gate.io team is currently focusing on the celebrations for our 10th anniversary and the start of the Hong Kong trading platform of the Gate Group, Gate.hk."

The spokesman for Gate.io also took the opportunity to announce some upcoming goodies for the gate community-including a series of "user campaigns" to celebrate the 10th birthday of the platform.

After the controversy, the analysis platform Lookonchain decided to publish an updated view of the assets stored on the platform of Gate.io.

Due to the decline of the Gatetoken price and insolvency rumors, we have updated the assets from @gate_io .

6 wallets contain a total assets of $ 1.44 billion.

including:
97M 149.648 $ ETH (279 million USD) → 19 %
$ 182 million USDT → 13 %
2.612 $ btc (70 million USD) → 5%
6t $ Shib (52 million USD) → 4%

I hope it helps you. pic.twitter.com/qkxgidvubn

- Lookonchain (@lookonchain) 1. June 2023