Multichain (Previously Anyswap)

[Multichain (Previously Anyswap) @MultichainOrg]

1. On May 21, 2023, Multichain CEO Zhaojun was taken away by the Chinese police from his home and has been out of contact with the global Multichain team ever since. The team contacted the MPC node operators and learned that their operational access keys to MPC node servers had been revoked. Furthermore, these MPC node servers, like all other ordinary servers, were actually running under Zhaojun's personal cloud server account. No member of the team has access to Zhaojun's personal cloud server account, so nobody can log on to these MPC servers.

2. Later, the team established contact with Zhaojun's family and learned that all of Zhaojun's computers, phones, hardware wallets, and mnemonic phrases were confiscated by the authorities. Since the inception of the project, all operational funds and investments from investors have been under Zhaojun's control. This also means that all the team's funds and access to the servers are with Zhaojun and the police.

3. Due to the lack of information about the case, the team could only maintain project operations to the best of their abilities through the remaining access on some non-MPC servers that hadn't been revoked yet. Per the lawyer's suggestions, the team has chosen to cooperate as much as possible with the demands of Zhaojun's family and adhere to the requirements of local laws and regulations, refraining from disclosing unauthorized information about the case to the public.

4. On May 30, in a responsible approach toward the community, the team released the news about Zhaojun's disappearance and informed the community about the technical issues currently faced.

5. On June 4, Zhaojun's family successfully logged into the cloud server platform using the historical information on his home computer. However, Zhaojun's family only allowed Multichain team engineers physical access to the home computer to fix technical issues with Router2 and Router5.

6. During this period, Zhaojun's family and the lawyer were in communication with the police. The team was not informed about the details of the case but was notified that Zhaojun would be released soon and was asked to continue maintaining the system and await further updates.

7. The Multichain protocol continued to operate as designed. The team made every effort with limited resources to sustain the operation of the Multichain protocol and resolve user issues as much as possible.

8. On July 7, user assets locked on the MPC addresses were transferred to unknown addresses abnormally. According to Zhaojun's sister, login information from an IP address in Kunming was found on the cloud server platform, along with a series of operations transferring funds from the MPC addresses.

9. On July 9, Zhaojun's sister transferred the remaining user assets in the router pool and subsequently notified the team and several project parties of this asset preservation action. The funds were transferred to EOA addresses controlled by Zhaojun's sister.
0x1eed63efba5f81d95bfe37d82c8e736b974f477b
0x6b6314f4f07c974600d872182dcde092c480e57b

10. On July 13, according to information provided by Zhaojun's family, the police took Zhaojun's sister into custody. Now, Zhaojun's sister is also out of contact. The status of the assets she has preserved is uncertain, so the team believes it is necessary to inform the community about all the known circumstances.

11. Due to the lack of alternative sources of information and corresponding operational funds, the team is forced to cease operations. If there are any further notifications and developments, the team will update the community accordingly.

12. The Multichain team does not have the access to Domain Account to redirect or bring down the frontend https://t.co/v2pWSycJ0k. Please help amplify and ask users not to use the Multichain service anymore.
Can @GoDaddy help to bring down https://t.co/v2pWSycJ0k? Thanks.

[Multichain (Previously Anyswap) @MultichainOrg]

The Multichain service stopped currently, and all bridge transactions will be stuck on the source chains.

There is no confirmed resume time.

Please don’t use the Multichain bridging service now.

[Multichain (Previously Anyswap) @MultichainOrg]

The lockup assets on the Multichain MPC address have been moved to an unknown address abnormally.
The team is not sure what happened and is currently investigating.

It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain.

[Multichain (Previously Anyswap) @MultichainOrg]

In the past two days, the Multichain protocol has experienced multiple issues due to unforeseeable circumstances. The team has done everything possible to maintain the protocol running, but we are currently unable to contact CEO Zhaojun and obtain the necessary server access for maintenance.

This afternoon, there was an issue with the scanning node network of Router5, which has affected the normal cross-chain service of some chains. Furthermore, this problem is beyond the team's current permissions and ability. In order to protect the interests of our users, we have decided to suspend the corresponding cross-chain service for the affected chain on the UI. Last week, the same issue happened on Router2.

We appreciate the user’s understanding and request that our partners stop directly calling the Multichain protocol smart contracts on/to the affected chain for cross-chain operations.

All the affected chains are:

Kekchain, PublicMint, Dyno Chain, Red Light Chain, Dexit, Ekta, HPB, ONUS, Omax, Findora, Planq.

[Sonic @SonicLabs]

Update: The @MultichainOrg bridge with Fantom is operating as normal.

[Multichain (Previously Anyswap) @MultichainOrg]

While most of the cross-chain routes of Multichain protocol are functioning well, some of the cross-chain routes are unavailable due to force majeure, and the time for service to resume is unknown. After service is restored, pending transactions will be credited automatically. Multichain will compensate users who are affected during this process, and the compensation plan will be announced later.

[Multichain (Previously Anyswap) @MultichainOrg]

A pleasure to work with the @POWERCITYio to connect Pulsechain to the Multiverse

[⚡️POWERCITY⚡️ @POWERCITYio]

📣 Bridge Announcement:

@POWERCITYio would like to thank our partner @MultiChainOrg who have been working tirelessly w/ us to bring adoption to #PulseChain!

We will be connected to numerous blockchains through https://t.co/y5bfCQaguB.

Going live soon!

$HEX $WATT #ETH #BNB

[Multichain (Previously Anyswap) @MultichainOrg]

Here it is!
Rewards will be shared by all NFT minters🎉

[Multichain (Previously Anyswap) @MultichainOrg]

@KAVA_CHAIN @MareFinance Here we go!
https://t.co/7solOAZaj5

[Multichain (Previously Anyswap) @MultichainOrg]

🎉Time to reveal lucky winners 🎉
Check it out 👉 https://t.co/qkVR4YocGu

[Multichain (Previously Anyswap) @MultichainOrg]

1⃣0⃣0⃣on #KAVA ▶️ (Combine both #Cosmos & #Ethereum)

To celebrate, a cross-chain campaign w/@KAVA_CHAIN - our solid parter is now live🔥
With just simple steps, you can receive juicy rewards of $10,000 in KAVA and a memorable NFT!

- Powered by @Galxe
https://t.co/LailN51LxB

[Dracula Finance @dracula_fi]

We are pleased to welcome @MultichainOrg into our ecosystem as gauge partner 🩸

Bridge your assets to #zkSyncEra using Multichain bridge directly on our dApp!

[Multichain (Previously Anyswap) @MultichainOrg]

👋Are you ready for something awesome?

Well, buckle up because something cool is in the works - and it has to do with @zkSync Era!

Stay tuned 👀 #crosschain

[Multichain (Previously Anyswap) @MultichainOrg]

@Hayhem18 @multichaindao Pls contact our supporting team https://t.co/B39pY0YQrt they will get back to you shortly.

[Multichain (Previously Anyswap) @MultichainOrg]

🎉It's party time here at @multichaindao!

#MultiDAO can't grow without the dedication of contributors, and all of you who have supported #MultiDAO development are now receiving the $ARB airdrop! Check your wallet, guys👀

Here's to the future!🍻

[MultiDAO @multichaindao]

🎉 Surprise for #MultiDAO's contributors:

🔥 Time to reveal the eligible list. 👀Check if you're in it: https://t.co/SL59EziOr7

💸 Your $ARB is on the way 🪂

🙌 Join us to build #MultichainVerse tgt: https://t.co/VOXweRJtdc

[Multichain (Previously Anyswap) @MultichainOrg]

@MoonbeamNetwork https://t.co/jxGCmBgT2s

[Moonbeam @MoonbeamNetwork]

4/ @MultichainOrg
🛠️https://t.co/gOArlUpg5g

[Multichain (Previously Anyswap) @MultichainOrg]

#BearNecessitiesHackathon on @MoonbeamNetwork

🤩Multichain is proud to be the co-host, using #anyCall - a cross-chain messaging protocol to #BUIDL innovative cross-chain dApps

Register 👉 https://t.co/Gp6z4NxVG4

[Moonbeam @MoonbeamNetwork]

1/ 🚀 Attention developers! 🚀

We're so excited to announce the Bear Necessities Hackathon, featuring 7 challenges & $70K+ in bounty prizes✨

All #BUILDers welcome 🤗 This is your chance to explore Moonbeam & build cross-chain use cases!

🔗 Register: https://t.co/KYaMzAbpOI

#BearNecessitiesHackathon

[Four @Four_FORM_]

🎙BinaryX’s Anniversary Roundtable 1️⃣

🎧 Evaluating The Performance of GameFi by Top Chains 🔎

⏰ Thu, 18th May, 8am -8:45am UTC
👤 Guests: @Avalanche_CN @MoonbeamCN @multichainorg

🫣Don’t miss your chance to win $5,000 in airdrops! 🔥

[Polkadot @Polkadot]

3/ @MoonbeamNetwork announced an XCM integration with @EquilibriumDeFi bringing @MultichainOrg assets to Equilibrium. Demonstrating the potential of Moonbeam’s #connectedcontracts, this brings support of bridged assets from outside the Polkadot ecosystem.https://t.co/UULFjEvS6z

[Multichain (Previously Anyswap) @MultichainOrg]

🫡Whoa! Have you seen the latest figures of $ETH staking on #Multichain?
Amazing number🚀

- Daily Emission: 1,000 ARB
- APR: 12.77 %
- Total Liquidity: 1,814.92 ETH
- Liquidity Providers: 140+

$ETH staking on Arbitrum 👉 https://t.co/JXOOYRDq5x