Binance Suspends Crypto Deposits As Multichain CEO Remains Missing
Meanwhile, multiple sources claim Multichain co-founder and CEO Zhao Jun is currently missing and is suspected of being investigated by the police. Fusion Foundation founder and co-founder Qian Dejun confirmed that he can’t reach Zhao Jun as he remains unavailable. advertisement Binance Seeks Clarity from Multichain Crypto exchange Binance in a tweet on May 25 announced a temporary suspension of deposits for bridged tokens related to Multichain. The exchange may reopen deposits only after clarity from the Multichain team. Binance has suspended deposits for POLS-BSC, ACH-BSC, BIFI-FTM, SUPER-BSC, AVA-ETH, SPELL-AVAXC, ALPACA-FTM, FTM-ETH, FARM-BSC, and DEXE-BSC. The deposits for these assets on other networks remain open. Multichain confirmed earlier that most cross-chain routes of the Multichain protocol are functioning normally, but some cross-chain routes are unavailable due to “force majeure” and the time to restore service is unknown. Mul...