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The submit Multichain’s $1.5B hack: victims search solutions, new proof emerges! appeared first on Coinpedia Fintech Information
The CEO of Multichain, a Chinese language cross-chain protocol, has been confirmed to have been arrested by Chinese language authorities in Could. This information confirms months of hypothesis and official denials on communication channels. The CEO, recognized solely as “Zhaojun He,” was arrested in Kunming. Multichain has a market capitalization of $1.5 billion and this information has precipitated concern amongst customers of the protocol. It stays to be seen how this arrest will impression Multichain’s operations and future development.
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