November 8, 2024

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Gate.io threatens legal action against rumor-mongers

1 min read
Gate.io threatens legal action against rumor-mongers

Centralized crypto exchange Gate.io has threatened legal action in response to rumors of imminent bankruptcy. Crypto community members have been speculating since May about a possible connection between Gate.io and the troubled cross-chain protocol Multichain.

“Legal proceedings will be initiated against people who cause panic among investors only with rumors and gossip, without relying on any concrete source,”