Multichain was taken offline in July, with $1.5 billion stuck on various cross-chain bridges.
Cointelegraph reached out to the Fantom Foundation for comments but did not receive a response by the time of publication.
ArkRide lost over $9,000 worth of crypto in Multichain on July 15 under similar circumstances. He expressed relief that his loss from the hack was small and stated that he has met others who fared much worse: The ID search query revealed that “He Xiaokun,” an individual listed as a Multichain director, is currently 68 years old and lives in a village in Jiangsu.far too young to fit the profile of either “He Xiaokun,” age 68, or Yang Qiumei, 66. Both individuals had been indicated as residing in the same address at a rural Chinese village.
Sources reviewed by Cointelegraph claim that from the very beginning , Chinese authorities accused Zhaojun of “money laundering” by bridging tainted assets from users via the Multichain protocol. As a result, the police have attempted to seize all protocol assets, user, enterprise or tainted alike, as proceeds of crime.
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