Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom
Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Per several Twitter accounts, the Chinese community has been reporting the core team members' arrests, as well as that law enforcement gained control of a wallet with some $1.5 billion - &1.7 billion in it. ...
Read More: Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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