News Explorer — ParaSpace CEO Denies Allegations of Fund Mismanagement

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May 10, 10:47 pm

Cointelegraph

ParaSpace CEO Denies Allegations of Fund Mismanagement

ParaSpace, a non-fungible token financialization protocol, has recently experienced an exploit that was quickly resolved by a blockchain security firm. Allegations have been made that the CEO, Yubo Ruan, mismanaged funds equaling 2,909 Ethereum, and the development team has removed him from his roles. Ruan has denied the allegations and both parties have called for legal action.

ParaSpace, a non-fungible token financialization protocol, has recently experienced an exploit that was quickly resolved by a blockchain security firm. Allegations have been made that the CEO, Yubo Ruan, mismanaged funds equaling 2,909 Ethereum, and the development team has removed him from his roles. Ruan has denied the allegations and both parties have called for legal action.

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