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News Explorer — Gate.io Threatens Legal Action Against Bankruptcy Rumors

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Jun 4, 10:41 pm
Cointelegraph

Gate.io Threatens Legal Action Against Bankruptcy Rumors

Gate.io has threatened legal action in response to rumors of bankruptcy, which were sparked by technical difficulties with the cross-chain protocol Multichain. Data from Blockchain analytics firm Arkham Intelligence showed large inflows of Multichain tokens from Gate.io’s platform. Gate.io denied liquidity issues, but other crypto exchanges have taken action due to Multichain's ongoing issues.

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