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Gate.io denies liquidity problems after Multichain CEO goes missing

Published 05/31/2023, 05:58 PM
Updated 05/31/2023, 07:40 PM

Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The statement comes after numerous Twitter channels had alleged that the exchange was experiencing insolvency due to an alleged connection between it and the cross-chain router protocol Multichain (MULTI).

The Gate.io team said the company's "operations are running healthy" and that it is focused on establishing an affiliated trading platform in Hong Kong called Gate.HK.

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Latest comments

Hey suckers i still have farts in a jar available lol
Yeah, right. Everything is going to be OK, just don't withdraw your money please hahahahahaha HAHAHAHAHA
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