Hi everyone,
This post is as precaution to withdraw your funds from gate.io! The Gate.io team might have insolvency problems after the arrest of CEO Zhaojun and the Multichain treasury being backed by 30%. Their native token is also falling drastically.
See it here:
Also Arkham is reporting some shady transactions:
As precaution I advice you to withdraw your funds from gate.io! This CEX also has moons listed so withdraw your moons too just to be safe.
Be safe there guys!
ChemicalGreek
Source:
1) https://twitter.com/CoinSumption/status/1663952023027613698?s=20
2) https://twitter.com/ArkhamIntel/status/1661405156469030915
3) https://cointelegraph.com/news/gate-io-denies-liquidity-problems-after-multichain-ceo-goes-missing
submitted by /u/ChemicalGreek
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