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Cross-chain bridge protocol Multichain ceases operations
    Posted on 07/14/2023
Multichain protocol says its forced to cease operations due to recent events. CEO Zhaojun and his sister have reportedly been detained leaving the team with no operational funds. Multichain saw $125 million stolen on July 6, with blockchain security firm Chainalysis pointing to possible rug pull by insiders. Multichain, one of the world’s largest cross-chain […]
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