Fantom Took Precautionary Measures to Contain Multichain Implosion: Details

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Fantom Took Precautionary Measures to Contain Multichain Implosion: Details
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.FantomFDN pursues users' safety as MultichainOrg closes shop

the protocol, and with the lack of access to operational funds, the remaining Multichain team had decided to cease operations.In the long update, the team confirmed that they have no access to deactivate the Domain Account, and as such the Multichain.org platform is still active.

Users were advised to refrain from sending funds to the addresses linked to the protocol.Fantom Foundation said it was disappointed with the news shared by the Multichain protocol, and after the request to freeze the top three stablecoins affected, the firm said it can confirm a total of $62 million has been locked.

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